GBP/JPY – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 195.611 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 195.61100 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 197.59200 |
| 2nd High | 195.96900 |
| Next High | 195.61100 |
| Current Price | 194.53800 |
| Next Low | 192.87700 |
| 2nd Low | 191.73000 |
| 3rd Low | 190.40600 |