The currency pair British Pound/US Dollar (GBP/USD) moves from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at 1.35352 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.34916 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘RSI Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘RSI Hidden Bullish Divergence’. chart signal.
There is also a ‘MACD Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘MACD Hidden Bullish Divergence’. which could be a positive chart signal. The currency pair could go up.
There is also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 1.350935 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.35352 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35441 |
| 2nd High | 1.35394 |
| Next High | 1.35352 |
| Current Price | 1.35083 |
| Next Low | 1.34916 |
| 2nd Low | 1.34746 |
| 3rd Low | 1.34727 |
1.35352 – 1.35394 – 1.35344 – 1.34916 – 1.34746 – 1.34824 —
1.35037 – 1.35021 —
46.047563635695 – 43.593490356252 —
– —
1.35352 – 1776859200
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –