GBP/USD – 30M – SELLThe currency pair British Pound/US Dollar (GBP/USD) moves from the bearish trendline down.
A continuation of the downward movement down to the next support level at 1.29016 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.29286 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30146 |
| 2nd High | 1.29738 |
| Next High | 1.29286 |
| Current Price | 1.29511 |
| Next Low | 1.29016 |
| 2nd Low | 1.28951 |
| 3rd Low | 1.28873 |
1.29286 – 1.29738 – 1.29552 – 1.29016 – 1.28951 – 1.29108