GBP/JPY – 30M – SELLThe combination moves from the ascending trendline downwards
A bearish descent downwards to the next support level at 192.68200 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 197.59200 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 199.81500 |
| 2nd High | 199.46500 |
| Next High | 197.59200 |
| Current Price | 191.69200 |
| Next Low | 192.68200 |
| 2nd Low | 192.49900 |
| 3rd Low | 192.46900 |