The currency pair British Pound/US Dollar (GBP/USD) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance line at 1.36536 will continue.
Caution: A possible change in the direction of the support level at 1.36042 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair is likely to rise.
Besides a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.37116 |
| Next High | 1.36536 |
| Current Price | 1.36496 |
| Next Low | 1.36042 |
| 2nd Low | 1.3586 |
| 3rd Low | 1.35081 |
1.36536 – 1.36414 – 1.37116 – 1.36042 – 1.36152 – 1.3609 —
1.36536 – 1.36462 —
61.144792336336 – 44.734612392023 —
1.36536 – 1770894000 —
– 1770894000
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –