GBP/USD – 1H – SELLThe pair moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 1.32453 is likely expected.
Caution: A possible change in the direction of the resistance line at 1.33055 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34271 |
| 2nd High | 1.34227 |
| Next High | 1.33055 |
| Current Price | 1.32570 |
| Next Low | 1.32453 |
| 2nd Low | 1.32369 |
| 3rd Low | 1.31531 |