GBP/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 188.466 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 190.37300 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 192.29800 |
| 2nd High | 191.28000 |
| Next High | 190.37300 |
| Current Price | 189.23600 |
| Next Low | 188.46600 |
| 2nd Low | 188.16400 |
| 3rd Low | 186.68500 |