GBP/USD – 30M – SELLThe pair moves from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 1.33120 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 1.34121 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.34297 |
| Next High | 1.34121 |
| Current Price | 1.33738 |
| Next Low | 1.33120 |
| 2nd Low | 1.32484 |
| 3rd Low | 1.32198 |