GBP/USD – 4H – SELLThe pair British Pound/US Dollar (GBP/USD) goes from the bullish trendline downwards
A descending movement down to the next support level at 1.32333 is likely expected.
Caution: A possible change in the direction of the resistance level at 1.34236 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.34236 |
| Current Price | 1.32866 |
| Next Low | 1.32333 |
| 2nd Low | 1.32024 |
| 3rd Low | 1.27079 |
1.34236 – 1.32918 – 1.32072 – 1.32333 – 1.32024 – 1.27079