The pair British Pound/US Dollar (GBP/USD) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance level at 1.32188 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 1.318 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The pair is likely to go up.
In addition a ‘RSI Hidden Bullish Divergence’ indicator signal is discovered. The indicator shows ‘RSI Hidden Bullish Divergence’. this is usually a bullish chart signal. The pair is likely to go up.
In addition a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.32536 |
| 2nd High | 1.32494 |
| Next High | 1.32188 |
| Current Price | 1.32208 |
| Next Low | 1.318 |
| 2nd Low | 1.31506 |
| 3rd Low | 1.31487 |
1.32188 – 1.31787 – 1.32087 – 1.318 – 1.31506 – 1.31487 —
1.32242 – 1.32252 —
65.24813005684 – 41.997088887968 —
– —
1.32188 – 1782414000
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –