Sell GBP/JPY – 30M – SELL

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The currency pair British Pound/Japanese Yen (GBP/JPY) moves from the ascending trendline downwards

A bearish descent down to the next support at 199.289 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 200.739 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High
2nd High
Next High 200.739
Current Price 200.35600
Next Low 199.289
2nd Low 198.786
3rd Low 198.669

200.599 – 200.739 – 200.474 – 199.289 – 198.786 – 198.669 — 50.092219726289 – 45.514600150521 — 59.79590894399 – 36.475504455834 – 63.516799802989 – 56.666051007373

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