GBP/USD – 30M – BUY
The currency pair breaks through the bearish trendline upwards
An ascent up to the next resistance at 1.30862 is expected.
Caution: A possible trend reversal in the direction of the support level at 1.30491 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.31426 |
2nd High | 1.31073 |
Next High | 1.30862 |
Current Price | 1.30894 |
Next Low | 1.30491 |
2nd Low | 1.30111 |
3rd Low | 1.29743 |