GBP/USD – 30M – SELL
The pair jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 1.30491 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 1.30862 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.31426 |
2nd High | 1.31073 |
Next High | 1.30862 |
Current Price | 1.30750 |
Next Low | 1.30491 |
2nd Low | 1.30111 |
3rd Low | 1.29743 |