GBP/USD – 1H – BUYThe pair British Pound/US Dollar (GBP/USD) moves from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 1.33864 will continue.
Caution: A possible change in the direction of the support line at 1.33056 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 1.33894032 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 1.33864 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34316 |
| 2nd High | 1.34027 |
| Next High | 1.33864 |
| Current Price | 1.33555 |
| Next Low | 1.33056 |
| 2nd Low | 1.32528 |
| 3rd Low | 1.31792 |
1.33864 – 1.34027 – 1.33696 – 1.33056 – 1.32528 – 1.33138 —
1.33597 – 1.33649 —
47.491865742817 – 54.125884104831 —
– —
1.33864 – 1772679600
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –