GBP/USD – 30M – BUY
The combination breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance level at 1.31028 is expected.
Caution: A possible trend reversal in the direction of the support level at 1.30605 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.31133 |
2nd High | 1.31051 |
Next High | 1.31028 |
Current Price | 1.30676 |
Next Low | 1.30605 |
2nd Low | 1.30351 |
3rd Low | 1.30299 |