GBP/USD – 30M – SELLThe currency pair British Pound/US Dollar (GBP/USD) moves from the descending trendline downwards
A continuation of the downward movement down to the next support line at 1.25480 is certain.
Caution: A possible change in the direction of the resistance line at 1.26068 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.26595 |
| 2nd High | 1.26573 |
| Next High | 1.26068 |
| Current Price | 1.25480 |
| Next Low | 1.25480 |
| 2nd Low | 1.24870 |
| 3rd Low |