GBP/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 190.326 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 192.29800 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 192.61500 |
| 2nd High | 192.46500 |
| Next High | 192.29800 |
| Current Price | 190.66400 |
| Next Low | 190.32600 |
| 2nd Low | 189.84600 |
| 3rd Low | 189.56100 |