Sell GBP/USD – 30M – SELL

The currency pair British Pound/US Dollar (GBP/USD) moves from the bearish trendline down.

A continuation of the downtrend downwards to the next support level at is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.33429 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 1.34668
2nd High 1.34364
Next High 1.33429
Current Price 1.32944
Next Low
2nd Low
3rd Low

1.33429 – 1.34364 – 1.34668 – 1.32976 – 1.32984 – 1.32456 —
1.33238 – 1.33308 —
46.378968039386 – 53.809725659884 —
– —
1.33429 – 1774240200

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