GBP/USD – 30M – SELLThe combination British Pound/US Dollar (GBP/USD) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 1.26067 is likely expected.
Caution: A possible change in the direction of the resistance level at 1.26391 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.27873 |
| 2nd High | 1.26681 |
| Next High | 1.26391 |
| Current Price | 1.26339 |
| Next Low | 1.26067 |
| 2nd Low | 1.25663 |
| 3rd Low | 1.25246 |