GBP/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 195.6715 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 196.41700 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 198.43800 |
| 2nd High | 197.78100 |
| Next High | 196.41700 |
| Current Price | 194.59500 |
| Next Low | 194.52300 |
| 2nd Low | 193.56200 |
| 3rd Low | 192.87700 |