GBP/USD – 30M – BUYThe currency pair British Pound/US Dollar (GBP/USD) breaks through the bearish trendline up.
The bullish trend up to the next resistance level at 1.32848 is certain.
Caution: A possible trend reversal in the direction of the support level at 1.3211 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Current target is 1.32848 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.32848 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.33459 |
| 2nd High | 1.33198 |
| Next High | 1.32848 |
| Current Price | 1.32684 |
| Next Low | 1.3211 |
| 2nd Low | 1.31779 |
| 3rd Low | 1.31586 |
1.32848 – 1.32681 – 1.32589 – 1.3211 – 1.32176 – 1.31779 —
1.32498 – 1.32577 —
48.788568089546 – 53.030593520171 —
– —
1.32848 – 1775561400
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –