GBP/JPY – 30M – SELLThe currency pair British Pound/Japanese Yen (GBP/JPY) goes from the ascending trendline downwards
A descent down to the next support at 203.975 will persist.
Caution: A possible change in the direction of the resistance level at 204.87 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 205.317 |
| Next High | 204.87 |
| Current Price | 204.76800 |
| Next Low | 203.975 |
| 2nd Low | 203.883 |
| 3rd Low | 203.69 |
204.737 – 204.293 – 204.52 – 203.975 – 203.883 – 203.69 —
205.32000 – 205.01500 —
73.467462433483 – 56.794495821579 —
– —
204.73700 – 1763497800