GBP/JPY – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 185.08044 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 186.14800 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 188.11900 |
| 2nd High | 188.09000 |
| Next High | 186.14800 |
| Current Price | 186.09900 |
| Next Low | 183.71400 |
| 2nd Low | 182.80400 |
| 3rd Low | 180.08800 |