GBP/USD – 1H – SELLThe currency pair British Pound/US Dollar (GBP/USD) jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support at 1.34015 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 1.34902 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35748 |
| 2nd High | 1.35074 |
| Next High | 1.34902 |
| Current Price | 1.33822 |
| Next Low | 1.34015 |
| 2nd Low | 1.34008 |
| 3rd Low | 1.33383 |
1.34902 – 1.35074 – 1.35748 – 1.34448 – 1.34903 – 1.34694 —
1.34505 – 1.34261 —
43.003297009834 – 45.451407975298 —
– —
1.34902 – 1772229600
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –