The combination British Pound/US Dollar (GBP/USD) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance line at 1.27211 is certain.
Caution: A possible change in the direction of the support level at 1.26296 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.27459 |
2nd High | 1.27222 |
Next High | 1.27211 |
Current Price | 1.27319 |
Next Low | 1.26296 |
2nd Low | 1.26171 |
3rd Low | 1.25663 |