GBP/USD – 1H – SELLThe combination moves from the ascending trendline downwards
The bearish trend downwards to the next support line at 1.31531 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 1.32977 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.32977 |
| Current Price | 1.32816 |
| Next Low | 1.31531 |
| 2nd Low | 1.31460 |
| 3rd Low | 1.31144 |