GBP/USD – 1H – SELLThe pair moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at 1.33656 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 1.34227 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34336 |
| 2nd High | 1.34271 |
| Next High | 1.34227 |
| Current Price | 1.33960 |
| Next Low | 1.33656 |
| 2nd Low | 1.33598 |
| 3rd Low | 1.33120 |