GBP/USD – 30M – SELLThe pair moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 1.30416 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 1.30829 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.31051 |
| 2nd High | 1.30934 |
| Next High | 1.30829 |
| Current Price | 1.30580 |
| Next Low | 1.30416 |
| 2nd Low | 1.30219 |
| 3rd Low | 1.30019 |