GBP/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 195.17 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 195.96900 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 199.46500 |
| 2nd High | 197.59200 |
| Next High | 195.96900 |
| Current Price | 195.36400 |
| Next Low | 191.73000 |
| 2nd Low | 190.40600 |
| 3rd Low | 189.84600 |