GBP/USD – 1H – SELLThe combination British Pound/US Dollar (GBP/USD) goes from the ascending trendline downwards
A bearish movement downwards to the next support at 1.26448 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 1.27142 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.27686 |
| 2nd High | 1.27202 |
| Next High | 1.27142 |
| Current Price | 1.27059 |
| Next Low | 1.26448 |
| 2nd Low | 1.25246 |
| 3rd Low | 1.25067 |