GBP/USD – 1H – SELLThe currency pair goes from the descending trendline down.
A continuation of the bearish trend down to the next support at 1.33656 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 1.34271 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.34336 |
| Next High | 1.34271 |
| Current Price | 1.33839 |
| Next Low | 1.33656 |
| 2nd Low | 1.33598 |
| 3rd Low | 1.33120 |