The pair British Pound/US Dollar (GBP/USD) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 1.36827 is considered certain.
Caution: A possible change in the direction of resistance at 1.37523 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.37703 |
| Next High | 1.37523 |
| Current Price | 1.37182 |
| Next Low | 1.36827 |
| 2nd Low | 1.35903 |
| 3rd Low | 1.33699 |
1.37523 – 1.37703 – 1.37647 – 1.36827 – 1.37199 – 1.37162