GBP/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 191.398384 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 192.24500 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 193.72400 |
| 2nd High | 192.61500 |
| Next High | 192.24500 |
| Current Price | 191.93600 |
| Next Low | 191.59400 |
| 2nd Low | 190.68000 |
| 3rd Low | 190.40600 |