GBP/JPY – 30M – SELLThe pair goes from the ascending trendline down.
The bearish trend down to the next support line at 185.28300 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 187.16500 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 188.11900 |
| 2nd High | 188.09000 |
| Next High | 187.16500 |
| Current Price | 186.70000 |
| Next Low | 185.28300 |
| 2nd Low | 183.76300 |
| 3rd Low | 183.71400 |