GBP/USD – 30M – SELLThe pair moves from the descending trendline down.
A continuation of the downtrend down to the next support line at 1.30588 is certain.
Caution: A possible change in the direction of resistance at 1.30966 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.31744 |
| 2nd High | 1.31340 |
| Next High | 1.30966 |
| Current Price | 1.30837 |
| Next Low | 1.30588 |
| 2nd Low | 1.30321 |
| 3rd Low | 1.30316 |