GBP/JPY – 30M – SELLThe currency pair moves from the bullish trendline downwards
A bearish movement down to the next support level at 193.87100 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 195.61100 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 197.59200 |
| 2nd High | 195.96900 |
| Next High | 195.61100 |
| Current Price | 193.91500 |
| Next Low | 193.87100 |
| 2nd Low | 192.87700 |
| 3rd Low | 191.73000 |