The combination British Pound/US Dollar (GBP/USD) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 1.35394 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35989 |
| 2nd High | 1.35441 |
| Next High | 1.35394 |
| Current Price | 1.35225 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.35394 – 1.35344 – 1.35441 – 1.34746 – 1.34824 – 1.35208 —
1.35142 – 1.35339 —
52.271431456334 – 61.454634185999 —
– —
1.35394 – 1776792600
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –