GBP/USD – 1H – BUY

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.275845 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 1.28070 is also possible.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High
2nd High 1.28600
Next High 1.28070
Current Price 1.27131
Next Low 1.26593
2nd Low 1.26569
3rd Low 1.26448

Download GBP/USD Signal Image

Trading Signals:

GBP/USD – 30M – BUY

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.275845 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 1.27629 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 1.28600
2nd High 1.28070
Next High 1.27629
Current Price 1.27078
Next Low 1.26593
2nd Low 1.26569
3rd Low 1.26448

Download GBP/USD Signal Image

Trading Signals:

GBP/USD – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.26569 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 1.27629 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 1.28600
2nd High 1.28070
Next High 1.27629
Current Price 1.27011
Next Low 1.26593
2nd Low 1.26569
3rd Low 1.26448

Download GBP/USD Signal Image

Trading Signals:

GBP/USD – 30M – BUY

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.275845 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 1.27629 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 1.28600
2nd High 1.28070
Next High 1.27629
Current Price 1.27057
Next Low 1.26593
2nd Low 1.26569
3rd Low 1.26448

Download GBP/USD Signal Image

Trading Signals:

GBP/USD – 30M – BUY

The currency pair breaks through the bearish trendline up.

The bullish trend upwards to the next resistance line at 1.27629 is expected.

Caution: A possible trend reversal in the direction of the support zone at 1.26569 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 1.28600
2nd High 1.28070
Next High 1.27629
Current Price 1.26793
Next Low 1.26569
2nd Low 1.26448
3rd Low 1.26436

Download GBP/USD Signal Image

Trading Signals:

GBP/USD – 30M – BUY

The currency pair breaks through the bearish trendline upwards

A bullish trend up to the next resistance line at 1.27629 is considered certain.

Caution: A possible trend reversal in the direction of the support zone at 1.26569 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 1.28600
2nd High 1.28070
Next High 1.27629
Current Price 1.26744
Next Low 1.26569
2nd Low 1.26448
3rd Low 1.26436

Download GBP/USD Signal Image

Trading Signals:

GBP/USD – 30M – BUY

The combination breaks through the descending trendline upwards

An ascending movement upwards to the next resistance line at 1.27629 will continue.

Caution: A possible reversal of the trend in the direction of support at 1.26569 is also possible.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 1.28600
2nd High 1.28070
Next High 1.27629
Current Price 1.26713
Next Low 1.26569
2nd Low 1.26448
3rd Low 1.26436

Download GBP/USD Signal Image

Trading Signals:

GBP/USD – 30M – SELL

The currency pair moves from the descending trendline downwards

A continuation of the downward movement down to the next support level at 1.26569 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.27629 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 1.28600
2nd High 1.28070
Next High 1.27629
Current Price 1.26620
Next Low 1.26569
2nd Low 1.26448
3rd Low 1.26436

Download GBP/USD Signal Image

Trading Signals:

GBP/USD – 30M – SELL

The combination jumps from the descending trendline downwards

A continuation of the downward movement downwards to the next support level at 1.26741 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 1.27629 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 1.28600
2nd High 1.28070
Next High 1.27629
Current Price 1.26672
Next Low 1.26741
2nd Low 1.26569
3rd Low 1.26448

Download GBP/USD Signal Image

Trading Signals:

GBP/USD – 30M – SELL

The pair moves from the descending trendline down.

A continuation of the downtrend downwards to the next support level at 1.26741 is certain.

Caution: A possible trend reversal in the direction of resistance at 1.27629 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 1.28600
2nd High 1.28070
Next High 1.27629
Current Price 1.26717
Next Low 1.26741
2nd Low 1.26569
3rd Low 1.26448

Download GBP/USD Signal Image

Trading Signals:

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