GBP/USD – 30M – SELLThe combination jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 1.30416 is expected.
Caution: A possible change in the direction of resistance at 1.30814 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.31051 |
| 2nd High | 1.30934 |
| Next High | 1.30814 |
| Current Price | 1.30694 |
| Next Low | 1.30416 |
| 2nd Low | 1.30219 |
| 3rd Low | 1.30019 |