GBP/USD – 30M – SELLThe combination jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 1.29767 will continue.
Caution: A possible change in the direction of the resistance line at 1.30572 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30708 |
| 2nd High | 1.30665 |
| Next High | 1.30572 |
| Current Price | 1.30063 |
| Next Low | 1.29767 |
| 2nd Low | 1.29735 |
| 3rd Low | 1.29398 |