GBP/USD – 1H – SELLThe combination goes from the ascending trendline down.
A bearish trend downwards to the next support level at 1.33598 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 1.34336 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.34336 |
| Current Price | 1.33717 |
| Next Low | 1.33598 |
| 2nd Low | 1.33120 |
| 3rd Low | 1.32484 |