GBP/JPY – 1H – SELLThe combination goes from the ascending trendline down.
A bearish descent down to the next support at 193.82600 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 195.59500 could occur.
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 | 195.59500 |
| Current Price | 194.77000 |
| Next Low | 193.82600 |
| 2nd Low | 193.69800 |
| 3rd Low | 193.56500 |