The combination British Pound/US Dollar (GBP/USD) jumps from the bullish trendline downwards
A descent downwards to the next support level at 0 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. which could be a negative signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 1.31456 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
1.3176 – 1.31925 – 1.32002 – 1.31415 – 1.31353 – 1.30839 —
1.31531 – 1.31563 —
48.774980880403 – 51.068931000234 —
– —
1.31760 – 1763460000
Trading Signals: FOREX – GBP – GBP/USD – USD – – Double top chart pattern – – – –