GBP/USD – 30M – BUYThe currency pair jumps from the bearish trendline up.
An ascending movement upwards to the next resistance level at 1.30091 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 1.29351 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30572 |
| 2nd High | 1.30476 |
| Next High | 1.30091 |
| Current Price | 1.29434 |
| Next Low | 1.29351 |
| 2nd Low | 1.28983 |
| 3rd Low | 1.28689 |