The currency pair British Pound/US Dollar (GBP/USD) jumps from the bullish trendline downwards
A bearish movement down to the next support at 0 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 1.34558 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
1.35674 – 1.35302 – 1.35339 – 1.33893 – 1.34013 – 1.33113 —
1.34782 – 1.34582 —
54.662866478585 – 51.308865165689 —
– —
1.35674 – 1767686400
Trading Signals: FOREX – GBP – GBP/USD – USD – – Rising Wedge Chart Pattern – – – – – – – –