GBP/USD – 30M – SELLThe combination goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 1.29556 is considered certain.
Caution: A possible change in the direction of resistance at 1.29877 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30151 |
| 2nd High | 1.29945 |
| Next High | 1.29877 |
| Current Price | 1.29683 |
| Next Low | 1.29556 |
| 2nd Low | 1.29479 |
| 3rd Low | 1.29072 |