GBP/USD – 30M – SELLThe pair goes from the bullish trendline down.
A bearish movement down to the next support line at 1.30597 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 1.31028 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.31133 |
| 2nd High | 1.31051 |
| Next High | 1.31028 |
| Current Price | 1.29900 |
| Next Low | 1.30597 |
| 2nd Low | 1.30351 |
| 3rd Low | 1.30299 |