GBP/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 185.22 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 185.02600 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 185.64000 |
| 2nd High | 185.16300 |
| Next High | 185.02600 |
| Current Price | 184.62600 |
| Next Low | 184.36200 |
| 2nd Low | 183.71400 |
| 3rd Low | 183.03900 |