GBP/USD – 30M – SELLThe pair British Pound/US Dollar (GBP/USD) goes from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 1.25010 will persist.
Caution: A possible counter-trend in the direction of resistance at 1.25359 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.25743 |
| 2nd High | 1.25501 |
| Next High | 1.25359 |
| Current Price | 1.25223 |
| Next Low | 1.25010 |
| 2nd Low | 1.24744 |
| 3rd Low |