GBP/USD – 30M – BUYThe currency pair British Pound/US Dollar (GBP/USD) breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 1.26966 is certain.
Caution: A possible reversal of the trend in the direction of support at 1.25975 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.27686 |
| 2nd High | 1.27202 |
| Next High | 1.26966 |
| Current Price | 1.26384 |
| Next Low | 1.25975 |
| 2nd Low | |
| 3rd Low |