GBP/USD – 30M – SELLThe pair moves from the descending trendline down.
A continuation of the downtrend down to the next support line at 1.28436 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 1.29026 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30151 |
| 2nd High | 1.30147 |
| Next High | 1.29026 |
| Current Price | 1.28890 |
| Next Low | 1.28436 |
| 2nd Low | |
| 3rd Low |