GBP/USD – 30M – SELLThe pair goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 1.30403 is certain.
Caution: A possible counter-trend in the direction of resistance at 1.30829 could be enabled.
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 | 1.30829 |
| Current Price | 1.30619 |
| Next Low | 1.30403 |
| 2nd Low | 1.30219 |
| 3rd Low | 1.30019 |