GBP/USD – 4H – BUYThe combination British Pound/US Dollar (GBP/USD) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance level at 1.35748 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 1.32826 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37327 |
| 2nd High | 1.37116 |
| Next High | 1.35748 |
| Current Price | 1.34516 |
| Next Low | 1.32826 |
| 2nd Low | 1.32528 |
| 3rd Low | 1.31792 |
1.35748 – 1.37116 – 1.37 – 1.32826 – 1.32528 – 1.34337 —
1.34084 – 1.34804 —
54.222043203055 – 53.480623091664 —
– —
1.35748 – 1772078400
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –