GBP/JPY – 30M – SELLThe currency pair moves from the ascending trendline downwards
A descent downwards to the next support level at 193.82600 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 196.04400 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 196.04400 |
| Current Price | 195.63900 |
| Next Low | 193.82600 |
| 2nd Low | 193.69800 |
| 3rd Low | 193.56500 |