The currency pair British Pound/US Dollar (GBP/USD) jumps from the bearish trendline down.
A continuation of the downtrend down to the next support level at is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 1.35674 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36809 |
| 2nd High | 1.36712 |
| Next High | 1.35674 |
| Current Price | 1.34998 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.35674 – 1.3548 – 1.35017 – 1.35279 – 1.34138 – 1.34336 —
1.35268 – 1.35046 —
32.203784941522 – 37.963173662555 —
– —
1.35674 – 1767690000
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –