GBP/USD – 1H – SELLThe pair goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 1.30299 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.30715 is also possible.
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 | 1.30648 |
| Next Low | 1.30299 |
| 2nd Low | 1.30219 |
| 3rd Low | 1.30019 |