GBP/USD – 30M – SELLThe pair British Pound/US Dollar (GBP/USD) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 1.37034 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 1.37884 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.37884 |
| Current Price | 1.37432 |
| Next Low | 1.37034 |
| 2nd Low | 1.36739 |
| 3rd Low | 1.35903 |
1.37884 – 1.37488 – 1.37403 – 1.37034 – 1.36739 – 1.36827