GBP/JPY – 30M – SELLThe combination moves from the descending trendline down.
A continuation of the downtrend down to the next support line at 194.61900 will persist.
Caution: A possible change in the direction of the resistance level at 195.22900 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.61100 |
| 2nd High | 195.49300 |
| Next High | 195.22900 |
| Current Price | 194.92600 |
| Next Low | 194.61900 |
| 2nd Low | 193.56500 |
| 3rd Low | 192.87700 |