GBP/USD – 30M – SELLThe combination British Pound/US Dollar (GBP/USD) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 1.26132 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 1.26952 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.27202 |
| 2nd High | 1.26966 |
| Next High | 1.26952 |
| Current Price | 1.26836 |
| Next Low | 1.26132 |
| 2nd Low | 1.26127 |
| 3rd Low | 1.25975 |