GBP/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 192.431 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 192.43100 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 193.48100 |
| 2nd High | 193.35400 |
| Next High | 192.43100 |
| Current Price | 191.88000 |
| Next Low | 190.12600 |
| 2nd Low | 188.70000 |
| 3rd Low | 188.16400 |