The currency pair British Pound/US Dollar (GBP/USD) breaks through the bearish trendline upwards
An ascending movement up to the next resistance line at 1.37003 is expected.
Caution: A possible trend reversal in the direction of the support line at 1.367 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37522 |
| 2nd High | 1.37127 |
| Next High | 1.37003 |
| Current Price | 1.37029 |
| Next Low | 1.367 |
| 2nd Low | 1.36426 |
| 3rd Low | 1.34819 |
1.37003 – 1.37127 – 1.36817 – 1.367 – 1.36426 – 1.34819 —
1.36871 – 1.36995 —
54.321489103086 – 62.603644956268 —
– —
1.37003 – 1769488200
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –