GBP/USD – 30M – SELLThe currency pair jumps from the ascending trendline downwards
A descending movement down to the next support line at 1.30351 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 1.31028 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.31133 |
| 2nd High | 1.31051 |
| Next High | 1.31028 |
| Current Price | 1.30664 |
| Next Low | 1.30351 |
| 2nd Low | 1.30299 |
| 3rd Low | 1.30219 |