The combination British Pound/US Dollar (GBP/USD) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support line at is certain.
Caution: A possible change in the direction of the resistance zone at 1.37061 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37875 |
| 2nd High | 1.37149 |
| Next High | 1.37061 |
| Current Price | 1.36694 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.37061 – 1.37149 – 1.37875 – 1.36227 – 1.36599 – 1.3662 —
1.36907 – 1.36826 —
50.383481239068 – 53.658688481781 —
– —
1.37061 – 1770111000
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –