GBP/USD – 4H – BUYThe currency pair British Pound/US Dollar (GBP/USD) goes from the bearish trendline up.
An ascent up to the next resistance at 1.25754 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 1.23521 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.27283 |
| 2nd High | 1.26073 |
| Next High | 1.25754 |
| Current Price | 1.23620 |
| Next Low | 1.23521 |
| 2nd Low | |
| 3rd Low |