GBP/USD – 30M – SELLThe pair jumps from the ascending trendline down.
A bearish trend downwards to the next support line at 1.32712 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 1.32892 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.33140 |
| Next High | 1.32892 |
| Current Price | 1.33123 |
| Next Low | 1.32712 |
| 2nd Low | 1.32198 |
| 3rd Low | 1.31531 |