GBP/USD – 1H – BUYThe currency pair jumps from the ascending trendline up.
A continuation of the upward movement up to the next resistance at 1.32298 is certain.
Caution: A possible change in the direction of the support zone at 1.31460 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.32656 |
| 2nd High | 1.32380 |
| Next High | 1.32298 |
| Current Price | 1.32102 |
| Next Low | 1.31460 |
| 2nd Low | 1.31144 |
| 3rd Low | 1.30019 |