GBP/USD – 1H – BUYThe pair breaks through the descending trendline up.
An ascending movement up to the next resistance line at 1.29945 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 1.29072 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30708 |
| 2nd High | 1.30151 |
| Next High | 1.29945 |
| Current Price | 1.29726 |
| Next Low | 1.29072 |
| 2nd Low | |
| 3rd Low |