GBP/USD – 1H – SELLThe pair moves from the ascending trendline downwards
A descending movement downwards to the next support line at 1.32453 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.33055 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34271 |
| 2nd High | 1.34227 |
| Next High | 1.33055 |
| Current Price | 1.31832 |
| Next Low | 1.32453 |
| 2nd Low | 1.32369 |
| 3rd Low | 1.31531 |