The pair British Pound/US Dollar (GBP/USD) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance at 1.25401 is expected.
Caution: A possible counter-trend in the direction of support at 1.23521 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.25690 |
2nd High | 1.25542 |
Next High | 1.25401 |
Current Price | 1.23950 |
Next Low | 1.23521 |
2nd Low | |
3rd Low |