GBP/USD – 30M – SELLThe combination goes from the bullish trendline downwards
A bearish descent downwards to the next support line at 1.33598 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.34336 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.34336 |
| Current Price | 1.34002 |
| Next Low | 1.33598 |
| 2nd Low | 1.33339 |
| 3rd Low | 1.33120 |