GBP/USD – 30M – SELLThe combination goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at 1.32453 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.32757 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.33893 |
| 2nd High | 1.33055 |
| Next High | 1.32757 |
| Current Price | 1.31799 |
| Next Low | 1.32453 |
| 2nd Low | 1.32369 |
| 3rd Low | 1.32198 |