The pair British Pound/US Dollar (GBP/USD) goes from the bearish trendline upwards
An ascent up to the next resistance level at 1.38139 is expected.
Caution: A possible trend reversal in the direction of the support level at 1.37312 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.
Also there is a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair is likely to rise.
Also there is a ‘RSI Bullish Divergence’ indicator signal is detected. The indicator shows ‘RSI Bullish Divergence’. which is often a bullish chart scenario. The currency pair is likely to rise.
Also there is a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38473 |
| 2nd High | 1.38337 |
| Next High | 1.38139 |
| Current Price | 1.37480 |
| Next Low | 1.37312 |
| 2nd Low | 1.36635 |
| 3rd Low | 1.36426 |
1.38139 – 1.38337 – 1.38473 – 1.37312 – 1.3742 – 1.37494 —
1.37636 – 1.37528 —
35.926697160334 – 33.585678543507 —
– —
1.38139 – 1769736600
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –