GBP/USD – 30M – SELLThe combination moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 1.29735 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 1.30231 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30771 |
| 2nd High | 1.30374 |
| Next High | 1.30231 |
| Current Price | 1.30087 |
| Next Low | 1.29735 |
| 2nd Low | 1.29398 |
| 3rd Low |