GBP/USD – 1H – SELLThe pair moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at 1.32453 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 1.33055 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34271 |
| 2nd High | 1.34227 |
| Next High | 1.33055 |
| Current Price | 1.32498 |
| Next Low | 1.32453 |
| 2nd Low | 1.32369 |
| 3rd Low | 1.31531 |