GBP/JPY – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 194.642 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 195.57000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.96900 |
| 2nd High | 195.71900 |
| Next High | 195.57000 |
| Current Price | 195.11600 |
| Next Low | 194.63800 |
| 2nd Low | 194.61900 |
| 3rd Low | 193.56500 |