GBP/JPY – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 195.611 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance line at 195.61100 could happen.
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 | 195.61100 |
| Current Price | 195.13700 |
| Next Low | 193.58700 |
| 2nd Low | 192.87700 |
| 3rd Low | 191.73000 |