GBP/USD – 1H – BUYThe currency pair breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 1.30147 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 1.29343 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30708 |
| 2nd High | 1.30151 |
| Next High | 1.30147 |
| Current Price | 1.30331 |
| Next Low | 1.29343 |
| 2nd Low | 1.28436 |
| 3rd Low |