The combination British Pound/US Dollar (GBP/USD) jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 1.26127 is certain.
Caution: A possible change in the direction of the resistance line at 1.26865 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.27202 |
2nd High | 1.26966 |
Next High | 1.26865 |
Current Price | 1.26779 |
Next Low | 1.26127 |
2nd Low | 1.25975 |
3rd Low |