GBP/USD – 30M – BUYThe pair British Pound/US Dollar (GBP/USD) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance at 1.26979 is expected.
Caution: A possible counter-trend in the direction of the support level at 1.26660 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.27873 |
| 2nd High | 1.26984 |
| Next High | 1.26979 |
| Current Price | 1.27040 |
| Next Low | 1.26660 |
| 2nd Low | 1.26354 |
| 3rd Low | 1.26067 |