GBP/JPY – 1H – SELLThe combination moves from the bullish trendline downwards
The bearish trend downwards to the next support level at 193.56500 is certain.
Caution: A possible change in the direction of resistance at 195.22900 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.61100 |
| 2nd High | 195.49300 |
| Next High | 195.22900 |
| Current Price | 195.01200 |
| Next Low | 193.56500 |
| 2nd Low | 192.87700 |
| 3rd Low | 191.73000 |