The currency pair British Pound/US Dollar (GBP/USD) goes from the descending trendline downwards
A continuation of the downward movement down to the next support line at 1.3586 will persist.
Caution: A possible change in the direction of the resistance line at 1.37000 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37875 |
| 2nd High | 1.37327 |
| Next High | 1.37000 |
| Current Price | 1.36804 |
| Next Low | 1.3586 |
| 2nd Low | 1.35081 |
| 3rd Low | 1.34015 |
1.37000 – 1.3623 – 1.37327 – 1.3586 – 1.35081 – 1.365 —
1.37000 – 1.36930 —
72.257227715474 – 66.607842473276 —
1.37000 – 1770670800 —
– 1770670800
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –