GBP/USD – 30M – SELLThe pair British Pound/US Dollar (GBP/USD) moves from the descending trendline downwards
A continuation of the downtrend down to the next support at 1.31353 is expected.
Caution: A possible change in the direction of the resistance zone at 1.31925 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.32182 |
| 2nd High | 1.32002 |
| Next High | 1.31925 |
| Current Price | 1.31473 |
| Next Low | 1.31353 |
| 2nd Low | 1.31074 |
| 3rd Low | 1.31 |
1.31925 – 1.3174 – 1.32002 – 1.31353 – 1.3148 – 1.31074 —
1.31631 – 1.31560 —
38.131482783096 – 46.46136358457 —
– —
1.31925 – 1763389800