GBP/USD – 1H – SELLThe pair moves from the bullish trendline downwards
The bearish trend downwards to the next support level at 1.31460 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 1.32298 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.32656 |
| 2nd High | 1.32380 |
| Next High | 1.32298 |
| Current Price | 1.31878 |
| Next Low | 1.31460 |
| 2nd Low | 1.31144 |
| 3rd Low | 1.30019 |