GBP/JPY – 30M – SELLThe currency pair goes from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 194.61900 will continue.
Caution: A possible change in the direction of the resistance level at 195.71900 could occur.
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 | 195.71900 |
| Current Price | 194.83100 |
| Next Low | 194.61900 |
| 2nd Low | 193.56500 |
| 3rd Low | 192.87700 |