The pair British Pound/US Dollar (GBP/USD) goes from the ascending trendline down.
The bearish trend down to the next support at 1.36426 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.36817 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37884 |
| 2nd High | 1.37522 |
| Next High | 1.36817 |
| Current Price | 1.36965 |
| Next Low | 1.36426 |
| 2nd Low | 1.34819 |
| 3rd Low | 1.34015 |
1.36817 – 1.35083 – 1.3439 – 1.36426 – 1.34819 – 1.34015 —
1.36721 – 1.37122 —
51.672764171657 – 72.374226948456 —
– —
1.36817 – 1769387400
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –