GBP/USD – 30M – SELLThe currency pair moves from the bullish trendline down.
A bearish descent downwards to the next support level at 1.31176 will persist.
Caution: A possible counter-trend in the direction of resistance at 1.32380 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.32656 |
| Next High | 1.32380 |
| Current Price | 1.32207 |
| Next Low | 1.31176 |
| 2nd Low | 1.31144 |
| 3rd Low | 1.30321 |