GBP/USD – 30M – BUY

The currency pair jumps from the bullish trendline up.

A continuation of the bullish trend up to the next resistance at 1.27205 will continue.

Caution: A possible counter-trend in the direction of the support line at 1.26893 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 1.28070
2nd High 1.27629
Next High 1.27205
Current Price 1.27249
Next Low 1.26893
2nd Low 1.26691
3rd Low 1.26593

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