GBP/USD – 30M – SELLThe currency pair moves from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 1.29072 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 1.29945 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30572 |
| 2nd High | 1.30151 |
| Next High | 1.29945 |
| Current Price | 1.29752 |
| Next Low | 1.29072 |
| 2nd Low | |
| 3rd Low |