GBP/USD – 1H – BUYThe combination British Pound/US Dollar (GBP/USD) goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 1.27253 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 1.26795 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.27873 |
| 2nd High | 1.27283 |
| Next High | 1.27253 |
| Current Price | 1.27051 |
| Next Low | 1.26795 |
| 2nd Low | 1.26660 |
| 3rd Low | 1.26067 |