The currency pair British Pound/US Dollar (GBP/USD) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 1.35577 is considered certain.
Caution: A possible change in the direction of the support line at 1.34593 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36575 |
| 2nd High | 1.36527 |
| Next High | 1.35577 |
| Current Price | 1.34740 |
| Next Low | 1.34593 |
| 2nd Low | 1.33803 |
| 3rd Low | 1.33418 |
1.35577 – 1.34426 – 1.34112 – 1.34593 – 1.33803 – 1.33418 —
1.34767 – 1.34652 —
41.639418666198 – 36.634722516738 —
– —
1.35577 – 1784149200
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –