GBP/USD – 30M – SELLThe currency pair moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 1.33741 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 1.34227 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34336 |
| 2nd High | 1.34271 |
| Next High | 1.34227 |
| Current Price | 1.33960 |
| Next Low | 1.33741 |
| 2nd Low | 1.33656 |
| 3rd Low | 1.33598 |