GBP/USD – 30M – SELLThe currency pair moves from the ascending trendline down.
A descending movement down to the next support line at 1.31983 is expected.
Caution: A possible change in the direction of the resistance zone at 1.32298 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.32656 |
| 2nd High | 1.32380 |
| Next High | 1.32298 |
| Current Price | 1.31880 |
| Next Low | 1.31983 |
| 2nd Low | 1.31176 |
| 3rd Low | 1.31144 |