GBP/USD – 30M – SELLThe currency pair British Pound/US Dollar (GBP/USD) goes from the descending trendline down.
A continuation of the downtrend down to the next support at 1.35204 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 1.35943 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36809 |
| 2nd High | 1.36577 |
| Next High | 1.35943 |
| Current Price | 1.35565 |
| Next Low | 1.35204 |
| 2nd Low | 1.33699 |
| 3rd Low | 1.33344 |
1.35943 – 1.35914 – 1.36577 – 1.35204 – 1.35595 – 1.36345 — 60.21812962062 – 57.054264476402 — 91.724895184735 – 80.112706208286 – 80.718082417811 – 83.081525037157