GBP/USD – 30M – SELLThe currency pair British Pound/US Dollar (GBP/USD) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 1.24870 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.26573 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.27142 |
| 2nd High | 1.26595 |
| Next High | 1.26573 |
| Current Price | 1.25982 |
| Next Low | 1.24870 |
| 2nd Low | |
| 3rd Low |