GBP/USD – 1H – SELLThe combination British Pound/US Dollar (GBP/USD) jumps from the ascending trendline down.
A bearish trend down to the next support at 1.27165 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.28109 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30476 |
| 2nd High | 1.30091 |
| Next High | 1.28109 |
| Current Price | 1.27697 |
| Next Low | 1.27165 |
| 2nd Low | 1.26296 |
| 3rd Low | 1.26171 |