GBP/USD – 1H – BUYThe currency pair breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at 1.33589 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 1.32484 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.33589 |
| Current Price | 1.33890 |
| Next Low | 1.32484 |
| 2nd Low | 1.31531 |
| 3rd Low | 1.31460 |