GBP/JPY – 30M – SELLThe currency pair jumps from the ascending trendline downwards
A descending movement downwards to the next support at 194.63800 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 195.57000 should always be considered.
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 | 194.16700 |
| Next Low | 194.63800 |
| 2nd Low | 194.61900 |
| 3rd Low | 193.56500 |