Buy GBP/JPY – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 209.683 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 209.68300 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High
2nd High
Next High 209.68300
Current Price 209.19200
Next Low 208.38
2nd Low 208.076
3rd Low 207.612

209.68300 – 208.939 – 209.532 – 208.38 – 208.076 – 207.612 —
209.68300 – 209.22100 —
55.602621476552 – 53.668505682633 —
209.68300 – 1771606800 —
– 1771606800

Trading Signals:

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