GBP/JPY – 30M – SELLThe pair goes from the bullish trendline downwards
A bearish descent down to the next support at 195.02700 is certain.
Caution: A possible counter-trend in the direction of resistance at 195.59500 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.96900 |
| 2nd High | 195.71900 |
| Next High | 195.59500 |
| Current Price | 195.41100 |
| Next Low | 195.02700 |
| 2nd Low | 193.82600 |
| 3rd Low | 193.69800 |