GBP/USD – 30M – SELLThe pair moves from the ascending trendline down.
A descending movement downwards to the next support line at 1.29577 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.30013 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30572 |
| 2nd High | 1.30151 |
| Next High | 1.30013 |
| Current Price | 1.29984 |
| Next Low | 1.29577 |
| 2nd Low | 1.29393 |
| 3rd Low | 1.29072 |