GBP/JPY – 1H – SELLThe pair British Pound/Japanese Yen (GBP/JPY) goes from the ascending trendline down.
A bearish trend down to the next support line at 199.289 is considered certain.
Caution: A possible change in the direction of the resistance level at 200.142 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 200.264 |
| Next High | 200.142 |
| Current Price | 199.71000 |
| Next Low | 199.289 |
| 2nd Low | 198.786 |
| 3rd Low | 198.669 |
199.8 – 200.142 – 199.132 – 199.289 – 198.786 – 199.353 — 60.386173259572 – 54.249297154483 — 76.89198450328 – 54.434302632237 – 87.444481083359 – 73.029401965393
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Black Crows – Double bottom retreat down – –