The pair British Pound/US Dollar (GBP/USD) jumps from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 1.3623 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.35876 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair is likely to rise.
Also there is a ‘RSI Hidden Bullish Divergence’ indicator signal is existing. The indicator shows ‘RSI Hidden Bullish Divergence’. which could be a positive chart signal. The currency pair is likely to rise.
Also there is a ‘StochOSC Hidden Bullish Divergence’ indicator signal is existing. The indicator shows ‘StochOSC Hidden Bullish Divergence’. which could be a positive chart signal. The currency pair is likely to rise.
Also there is a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37327 |
| 2nd High | 1.3632 |
| Next High | 1.3623 |
| Current Price | 1.36051 |
| Next Low | 1.35876 |
| 2nd Low | 1.35081 |
| 3rd Low | 1.34819 |
1.3623 – 1.3632 – 1.37327 – 1.35876 – 1.35081 – 1.35173 —
1.36042 – 1.36105 —
51.879639208892 – 44.079428274846 —
– —
1.3623 – 1770406200
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –