The combination British Pound/US Dollar (GBP/USD) jumps from the bullish trendline down.
A bearish movement downwards to the next support level at 1.31237 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.33691 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34424 |
| 2nd High | 1.33977 |
| Next High | 1.33691 |
| Current Price | 1.32525 |
| Next Low | 1.31237 |
| 2nd Low | 1.3095 |
| 3rd Low | 1.308 |
1.31973 – 1.32135 – 1.31152 – 1.31237 – 1.31528 – 1.3095 —
1.32603 – 1.32656 —
71.163906394559 – 67.017450414151 —
– —
1.31973 – 1764144000
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –