GBP/USD – 30M – BUYThe pair British Pound/US Dollar (GBP/USD) breaks through the descending trendline upwards
A bullish trend up to the next resistance line at 1.36613 is expected.
Caution: A possible trend reversal in the direction of the support zone at 1.359 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ” indicator signal is detected. The indicator shows ”. which could be a positive chart scenario. The currency pair is likely to rise.
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Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37116 |
| 2nd High | 1.36711 |
| Next High | 1.36613 |
| Current Price | 1.35853 |
| Next Low | 1.359 |
| 2nd Low | 1.3586 |
| 3rd Low | 1.35081 |
1.36613 – 1.36586 – 1.36711 – 1.36345 – 1.36351 – 1.359 —
1.36128 – 1.35717 —
27.40178313046 – 13.764312922048 —
– —
1.36613 – 1771239600
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –