GBP/JPY – 1H – SELLThe combination moves from the ascending trendline down.
A bearish movement down to the next support line at 194.56000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 196.04400 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 196.04400 |
| Current Price | 195.60200 |
| Next Low | 194.56000 |
| 2nd Low | 193.82600 |
| 3rd Low | 193.69800 |