The currency pair British Pound/US Dollar (GBP/USD) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance at 1.36536 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 1.36042 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘RSI Bullish Divergence’ indicator signal is discovered. The indicator shows ‘RSI Bullish Divergence’. Dieses ist oftmals ein bullisches chart scenario. Das Paar tendiert eventuell nach oben.
Moreover a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37327 |
| 2nd High | 1.37116 |
| Next High | 1.36536 |
| Current Price | 1.36201 |
| Next Low | 1.36042 |
| 2nd Low | 1.3586 |
| 3rd Low | 1.35081 |
1.36536 – 1.36414 – 1.37116 – 1.36042 – 1.36152 – 1.3609 —
1.36686 – 1.36233 —
63.808985692665 – 36.971233256929 —
– —
1.36536 – 1770894000
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –