GBP/USD – 30M – BUYThe combination British Pound/US Dollar (GBP/USD) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 1.31973 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 1.31237 is also possible.
Consider stop-loss settings accordingly.
Next a ‘%K crosses below %D’ indicator signal is found. The indicator is ‘%K crosses below %D’. which is often a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.32182 |
| 2nd High | 1.32135 |
| Next High | 1.31973 |
| Current Price | 1.32338 |
| Next Low | 1.31237 |
| 2nd Low | 1.3095 |
| 3rd Low | 1.308 |
1.31973 – 1.32135 – 1.31152 – 1.31237 – 1.31528 – 1.3095 —
1.32342 – 1.32333 —
61.229570292725 – 63.35218430115 —
– —
1.31973 – 1764144000
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –