GBP/USD – 4H – BUYThe combination British Pound/US Dollar (GBP/USD) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance level at 1.3485 is expected.
Caution: A possible change in the direction of support at 1.3367 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36527 |
| 2nd High | 1.35087 |
| Next High | 1.3485 |
| Current Price | 1.34675 |
| Next Low | 1.3367 |
| 2nd Low | 1.33019 |
| 3rd Low | 1.31779 |
1.3485 – 1.35087 – 1.34629 – 1.3367 – 1.33729 – 1.33019 —
1.34584 – 1.34644 —
52.803335586628 – 55.171830419282 —
– —
1.3485 – 1780070400
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –