GBP/USD – 1H – BUYThe pair goes from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 1.34336 is likely expected.
Caution: A possible change in the direction of the support level at 1.33598 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.34336 |
| Current Price | 1.33859 |
| Next Low | 1.33598 |
| 2nd Low | 1.33120 |
| 3rd Low | 1.32484 |