GBP/USD – 30M – SELLThe pair British Pound/US Dollar (GBP/USD) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.351 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35394 |
| 2nd High | 1.35352 |
| Next High | 1.351 |
| Current Price | 1.34999 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.351 – 1.35352 – 1.35394 – 1.34787 – 1.34916 – 1.34746 —
1.34930 – 1.35072 —
39.686290722648 – 58.307741900141 —
– —
1.351 – 1776916800
Trading Signals: FOREX – GBP – GBP/USD – USD – – – – – – – – – –