GBP/JPY – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 192.765 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 191.28900 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 197.59200 |
| 2nd High | 195.96900 |
| Next High | 191.28900 |
| Current Price | 191.17400 |
| Next Low | 189.56100 |
| 2nd Low | 188.70000 |
| 3rd Low | 188.16400 |