The pair British Pound/US Dollar (GBP/USD) breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 1.34092 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 1.32971 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34902 |
| 2nd High | 1.34316 |
| Next High | 1.34092 |
| Current Price | 1.33334 |
| Next Low | 1.32971 |
| 2nd Low | 1.32528 |
| 3rd Low | 1.31792 |
1.34092 – 1.33864 – 1.34027 – 1.33109 – 1.32971 – 1.33056 —
1.34023 – 1.33102 —
62.43987396225 – 37.712666566107 —
– —
1.34092 – 1772820000
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –