GBP/USD – 30M – SELLThe combination moves from the bearish trendline down.
A continuation of the downtrend down to the next support level at 1.29072 is certain.
Caution: A possible counter-trend in the direction of resistance at 1.29945 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30572 |
| 2nd High | 1.30151 |
| Next High | 1.29945 |
| Current Price | 1.29552 |
| Next Low | 1.29072 |
| 2nd Low | |
| 3rd Low |