Sell GBP/JPY – 30M – SELL

The combination jumps from the bearish trendline down.

A continuation of the downward movement downwards to the next support level at 192.49900 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 193.26000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is expected. Current target is 192.98209 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 193.26000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 193.35400
2nd High 193.31700
Next High 193.26000
Current Price 193.07700
Next Low 192.49900
2nd Low 192.46900
3rd Low 191.95600

Download GBP/JPY Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals