GBP/USD – 30M – SELLThe pair British Pound/US Dollar (GBP/USD) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support at 1.26795 is expected.
Caution: A possible trend reversal in the direction of resistance at 1.27253 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.27873 |
| 2nd High | 1.27283 |
| Next High | 1.27253 |
| Current Price | 1.26322 |
| Next Low | 1.26795 |
| 2nd Low | 1.26660 |
| 3rd Low | 1.26354 |