GBP/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 184.466 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 186.38900 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 188.11900 |
| 2nd High | 188.09000 |
| Next High | 186.38900 |
| Current Price | 184.08000 |
| Next Low | 183.03900 |
| 2nd Low | 182.80400 |
| 3rd Low | 180.08800 |