GBP/JPY – 30M – SELLThe currency pair British Pound/Japanese Yen (GBP/JPY) jumps from the ascending trendline downwards
A descent down to the next support line at 193.56200 is likely expected.
Caution: A possible change in the direction of the resistance zone at 195.99500 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 198.43800 |
| 2nd High | 196.14300 |
| Next High | 195.99500 |
| Current Price | 195.98200 |
| Next Low | 193.56200 |
| 2nd Low | 192.87700 |
| 3rd Low | 191.73000 |