The combination British Pound/US Dollar (GBP/USD) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 1.3632 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 1.35466 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36575 |
| 2nd High | 1.36429 |
| Next High | 1.3632 |
| Current Price | 1.36204 |
| Next Low | 1.35466 |
| 2nd Low | 1.35343 |
| 3rd Low | 1.35132 |
1.3632 – 1.36079 – 1.36429 – 1.35466 – 1.3578 – 1.35343 —
1.36147 – 1.36148 —
74.026014741547 – 63.223994551707 —
– —
1.3632 – 1778176800
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –