GBP/USD – 30M – SELLThe combination moves from the descending trendline down.
A continuation of the downtrend downwards to the next support at 1.30415 is considered certain.
Caution: A possible change in the direction of resistance at 1.30715 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30934 |
| 2nd High | 1.30829 |
| Next High | 1.30715 |
| Current Price | 1.30637 |
| Next Low | 1.30415 |
| 2nd Low | 1.30299 |
| 3rd Low | 1.30219 |