GBP/JPY – 30M – SELLThe combination British Pound/Japanese Yen (GBP/JPY) jumps from the bullish trendline downwards
A bearish trend down to the next support level at 194.77100 is considered certain.
Caution: A possible change in the direction of the resistance level at 196.44100 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 196.44100 |
| Current Price | 195.60700 |
| Next Low | 194.77100 |
| 2nd Low | 194.62000 |
| 3rd Low | 194.03900 |
196.44100 – 196.06300 – 195.99200 – 194.77100 – 195.43800 – 194.80500