Sell GBP/JPY – 1H – SELL

The combination jumps from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support line at 191.75200 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 193.31700 could happen.
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 193.31700
Current Price 192.80500
Next Low 191.75200
2nd Low 190.12600
3rd Low 188.70000

Download GBP/JPY Signal Image

Trading Signals:

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