GBP/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 197.595 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 197.82200 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 198.45500 |
| 2nd High | 198.05200 |
| Next High | 197.82200 |
| Current Price | 197.17800 |
| Next Low | 196.87800 |
| 2nd Low | 196.73500 |
| 3rd Low | 196.48700 |