GBP/USD – 30M – SELLThe currency pair British Pound/US Dollar (GBP/USD) goes from the bearish trendline downwards
A continuation of the downtrend down to the next support level at 1.25184 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 1.25501 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.25878 |
| 2nd High | 1.25743 |
| Next High | 1.25501 |
| Current Price | 1.25224 |
| Next Low | 1.25184 |
| 2nd Low | 1.25093 |
| 3rd Low | 1.24744 |