GBP/JPY – 30M – SELLThe currency pair goes from the ascending trendline down.
The bearish trend down to the next support level at 190.12600 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 192.29900 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 193.48100 |
| 2nd High | 193.35400 |
| Next High | 192.29900 |
| Current Price | 191.93800 |
| Next Low | 190.12600 |
| 2nd Low | 188.70000 |
| 3rd Low | 188.16400 |