GBP/USD – 1H – BUYThe pair breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance at 1.30934 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 1.30219 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.31340 |
| 2nd High | 1.31133 |
| Next High | 1.30934 |
| Current Price | 1.30705 |
| Next Low | 1.30219 |
| 2nd Low | 1.30019 |
| 3rd Low | 1.29743 |