The pair British Pound/US Dollar (GBP/USD) moves from the bearish trendline down.
A continuation of the downward movement down to the next support at 1.34492 will persist.
Caution: A possible change in the direction of the resistance line at 1.35191 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.35645 |
2nd High | 1.35219 |
Next High | 1.35191 |
Current Price | 1.34646 |
Next Low | 1.34492 |
2nd Low | 1.33906 |
3rd Low | 1.33882 |
1.35191 – 1.35219 – 1.35645 – 1.34492 – 1.34608 – 1.34999