The pair British Pound/US Dollar (GBP/USD) breaks through the bearish trendline upwards
An ascending movement up to the next resistance line at 1.34953 is likely expected.
Caution: A possible counter-trend in the direction of the support line at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35275 |
| 2nd High | 1.35135 |
| Next High | 1.34953 |
| Current Price | 1.35023 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.34953 – 1.35135 – 1.35275 – 1.34571 – 1.34945 – 1.34627 —
1.34673 – 1.34971 —
34.76757913207 – 53.575344962689 —
– —
1.34953 – 1777518000
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –