GBP/USD – 30M – BUYThe pair breaks through the bearish trendline upwards
A bullish movement up to the next resistance line at 1.30934 will persist.
Caution: A possible trend reversal in the direction of support at 1.30416 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.31133 |
| 2nd High | 1.31051 |
| Next High | 1.30934 |
| Current Price | 1.30686 |
| Next Low | 1.30416 |
| 2nd Low | 1.30219 |
| 3rd Low | 1.30019 |