GBP/USD – 30M – SELLThe currency pair moves from the bullish trendline down.
A bearish trend downwards to the next support level at 1.32712 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 1.33404 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.33404 |
| Current Price | 1.33109 |
| Next Low | 1.32712 |
| 2nd Low | 1.32198 |
| 3rd Low | 1.31531 |