GBP/JPY – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 185.22 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 186.72600 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 188.11900 |
| 2nd High | 188.09000 |
| Next High | 186.72600 |
| Current Price | 185.83500 |
| Next Low | 185.27800 |
| 2nd Low | 183.71400 |
| 3rd Low | 183.03900 |