GBP/USD – 30M – SELLThe combination moves from the descending trendline down.
A continuation of the downward movement downwards to the next support line at 1.29453 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 1.29985 could occur.
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 | 1.29985 |
| Current Price | 1.29651 |
| Next Low | 1.29453 |
| 2nd Low | 1.29157 |
| 3rd Low | 1.28841 |