GBP/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 195.490344 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 195.32400 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 196.04400 |
| Next High | 195.32400 |
| Current Price | 194.93900 |
| Next Low | 194.74800 |
| 2nd Low | 193.82600 |
| 3rd Low | 193.69800 |