GBP/USD – 30M – SELLThe pair goes from the ascending trendline down.
A descending movement downwards to the next support line at 1.31983 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line 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 | 1.31555 |
| Next Low | 1.31983 |
| 2nd Low | 1.31176 |
| 3rd Low | 1.31144 |