GBP/USD – 1H – SELLThe currency pair goes from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 1.30588 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 1.31340 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.33055 |
| 2nd High | 1.31744 |
| Next High | 1.31340 |
| Current Price | 1.30924 |
| Next Low | 1.30588 |
| 2nd Low | 1.30019 |
| 3rd Low | 1.29743 |