GBP/USD – 30M – SELLThe currency pair goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 1.29735 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 1.30010 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30771 |
| 2nd High | 1.30374 |
| Next High | 1.30010 |
| Current Price | 1.29867 |
| Next Low | 1.29735 |
| 2nd Low | 1.29398 |
| 3rd Low |