GBP/USD – 1H – SELLThe combination goes from the ascending trendline down.
A bearish descent down to the next support line at 1.31144 is expected.
Caution: A possible change in the direction of the resistance zone at 1.32380 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.32656 |
| Next High | 1.32380 |
| Current Price | 1.32113 |
| Next Low | 1.31144 |
| 2nd Low | 1.30019 |
| 3rd Low | 1.29743 |