GBP/USD – 1H – BUYThe pair moves from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 1.32977 is certain.
Caution: A possible counter-trend in the direction of the support zone at 1.31460 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.32977 |
| Current Price | 1.32240 |
| Next Low | 1.31460 |
| 2nd Low | 1.31144 |
| 3rd Low | 1.30019 |