GBP/JPY – 30M – SELLThe pair British Pound/Japanese Yen (GBP/JPY) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 196.64800 will continue.
Caution: A possible change in the direction of the resistance level at 197.71300 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 198.05200 |
| 2nd High | 197.82200 |
| Next High | 197.71300 |
| Current Price | 197.61100 |
| Next Low | 196.64800 |
| 2nd Low | 196.48700 |
| 3rd Low | 195.36700 |