GBP/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 189.408 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 193.35400 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 193.97200 |
| 2nd High | 193.48100 |
| Next High | 193.35400 |
| Current Price | 190.22800 |
| Next Low | 186.68500 |
| 2nd Low | 185.81900 |
| 3rd Low | 185.28300 |