GBP/USD – 30M – BUYThe combination breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance line at 1.30013 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 1.29393 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30572 |
| 2nd High | 1.30151 |
| Next High | 1.30013 |
| Current Price | 1.29634 |
| Next Low | 1.29393 |
| 2nd Low | 1.29072 |
| 3rd Low |