GBP/USD – 30M – SELLThe combination moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at 1.30299 is certain.
Caution: A possible counter-trend in the direction of resistance at 1.30715 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30934 |
| 2nd High | 1.30829 |
| Next High | 1.30715 |
| Current Price | 1.30509 |
| Next Low | 1.30299 |
| 2nd Low | 1.30219 |
| 3rd Low | 1.30019 |