The pair British Pound/US Dollar (GBP/USD) moves from the ascending trendline down.
A descent downwards to the next support level at 1.36635 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 1.37003 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37522 |
| 2nd High | 1.37127 |
| Next High | 1.37003 |
| Current Price | 1.37765 |
| Next Low | 1.36635 |
| 2nd Low | 1.36426 |
| 3rd Low | 1.34819 |
1.37003 – 1.37127 – 1.36817 – 1.36635 – 1.367 – 1.36426 —
1.37451 – 1.37879 —
74.239971215746 – 68.18932862102 —
– —
1.37003 – 1769488200
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –