GBP/USD – 30M – SELLThe combination jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at 1.33120 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.33893 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34271 |
| 2nd High | 1.34227 |
| Next High | 1.33893 |
| Current Price | 1.32973 |
| Next Low | 1.33120 |
| 2nd Low | 1.32484 |
| 3rd Low | 1.32198 |