GBP/JPY – 30M – SELLThe combination British Pound/Japanese Yen (GBP/JPY) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 195.43800 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 195.99200 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 196.18400 |
| 2nd High | 196.14600 |
| Next High | 195.99200 |
| Current Price | 195.90700 |
| Next Low | 195.43800 |
| 2nd Low | 194.80500 |
| 3rd Low | 194.62000 |
195.99200 – 196.14600 – 196.18400 – 195.43800 – 194.80500 – 194.62000