Buy GBP/JPY – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 190.308 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 191.75400 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 195.76700
2nd High 193.66300
Next High 191.75400
Current Price 190.41500
Next Low 189.31200
2nd Low 189.29800
3rd Low 188.19900

189.83500 – 190.30800 – 189.95600 – 189.31200 – 189.29800 – 188.19900

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