The pair British Pound/Japanese Yen (GBP/JPY) jumps from the bullish trendline downwards
A descending movement downwards to the next support line at 192.44600 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 193.40600 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 194.62100 |
2nd High | 193.72400 |
Next High | 193.40600 |
Current Price | 193.82900 |
Next Low | 192.44600 |
2nd Low | 190.59400 |
3rd Low | 190.33800 |