GBP/USD – 1H – SELLThe combination British Pound/US Dollar (GBP/USD) moves from the bullish trendline down.
The bearish trend down to the next support line at 1.26296 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 1.27459 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.27686 |
| 2nd High | 1.27498 |
| Next High | 1.27459 |
| Current Price | 1.27211 |
| Next Low | 1.26296 |
| 2nd Low | 1.26171 |
| 3rd Low | 1.25246 |