GBP/USD – 30M – SELLThe pair moves from the descending trendline down.
A continuation of the downward movement down to the next support level at 1.29766 is considered certain.
Caution: A possible change in the direction of resistance at 1.30010 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30771 |
| 2nd High | 1.30374 |
| Next High | 1.30010 |
| Current Price | 1.29819 |
| Next Low | 1.29766 |
| 2nd Low | 1.29743 |
| 3rd Low | 1.29398 |