GBP/JPY – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 198.432 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 199.30000 |
| Next Low | 196.39600 |
| 2nd Low | 195.09600 |
| 3rd Low | 194.56000 |