GBP/USD – 30M – SELLThe pair goes from the ascending trendline downwards
A descending movement downwards to the next support at 1.31558 is certain.
Caution: A possible reversal of the trend in the direction of resistance at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 1.32272 |
| Next Low | 1.31558 |
| 2nd Low | 1.31460 |
| 3rd Low | 1.31176 |