GBP/USD – 30M – SELLThe pair moves from the bullish trendline downwards
A descending movement downwards to the next support level at 1.29343 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 1.29928 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30147 |
| 2nd High | 1.29985 |
| Next High | 1.29928 |
| Current Price | 1.30014 |
| Next Low | 1.29343 |
| 2nd Low | 1.29157 |
| 3rd Low | 1.28841 |