GBP/JPY – 30M – SELLThe pair British Pound/Japanese Yen (GBP/JPY) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 194.33200 is expected.
Caution: A possible change in the direction of the resistance zone at 195.32900 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 196.84100 |
| 2nd High | 195.34300 |
| Next High | 195.32900 |
| Current Price | 194.52100 |
| Next Low | 194.33200 |
| 2nd Low | 193.75600 |
| 3rd Low | 193.25500 |
195.32900 – 195.34300 – 196.84100 – 194.33200 – 194.77200 – 194.88000