The pair British Pound/US Dollar (GBP/USD) breaks through the bearish trendline upwards
A bullish trend up to the next resistance level at 1.3801 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at could happen.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.
There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.
There is also a ‘RSI Hidden Bullish Divergence’ indicator signal is existing. The indicator is ‘RSI Hidden Bullish Divergence’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38686 |
| 2nd High | 1.38309 |
| Next High | 1.3801 |
| Current Price | 1.37982 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.3801 – 1.38309 – 1.38686 – 1.37494 – 1.36635 – 1.367 —
1.37903 – 1.37863 —
50.994561824152 – 41.381330704758 —
– —
1.38010 – 1769617800
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –