Buy GBP/USD – 1H – BUY

The combination British Pound/US Dollar (GBP/USD) breaks through the bullish trendline up.

A continuation of the upward movement upwards to the next resistance line at 1.36575 will continue.

Caution: A possible change in the direction of the support level at could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.35847 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 1.36575 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 1.36711
2nd High 1.36613
Next High 1.36575
Current Price 1.35676
Next Low
2nd Low
3rd Low

1.36575 – 1.35275 – 1.35757 – 1.35132 – 1.35119 – 1.3568 —
1.35670 – 1.35446 —
62.895995355584 – 44.970405346441 —
– —
1.36575 – 1777654800

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