GBP/JPY – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 194.642 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 195.27700 could be enabled.
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 | 195.27700 |
| Current Price | 194.16300 |
| Next Low | 193.69800 |
| 2nd Low | 193.56500 |
| 3rd Low | 192.87700 |