GBP/USD – 30M – SELLThe pair British Pound/US Dollar (GBP/USD) moves from the bullish trendline down.
The bearish trend down to the next support at 1.27128 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 1.27813 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.28109 |
| 2nd High | 1.27988 |
| Next High | 1.27813 |
| Current Price | 1.27558 |
| Next Low | 1.27128 |
| 2nd Low | 1.26296 |
| 3rd Low | 1.26171 |