Sell GBP/JPY – 1H – SELL

The combination jumps from the bearish trendline down.

A continuation of the downtrend down to the next support level at 185.28300 is certain.

Caution: A possible trend reversal in the direction of resistance at 187.44400 should be noted.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 188.11900
2nd High 188.09000
Next High 187.44400
Current Price 187.07500
Next Low 185.28300
2nd Low 183.76300
3rd Low 183.71400

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