GBP/JPY – 30M – SELLThe pair moves from the ascending trendline down.
A descent downwards to the next support level at 193.82600 is certain.
Caution: A possible trend reversal in the direction of resistance at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 195.72000 |
| Next Low | 193.82600 |
| 2nd Low | 193.69800 |
| 3rd Low | 193.56500 |