GBP/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 211.43 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 212.822 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 214.847 |
| Next High | 212.822 |
| Current Price | 212.11800 |
| Next Low | 211.489 |
| 2nd Low | 210.038 |
| 3rd Low | 209.784 |
212.822 – 212.465 – 212.157 – 211.489 – 210.038 – 211.321 —
211.94900 – 212.26200 —
43.647914988135 – 55.83804646768 —
– —
212.82200 – 1769992200
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –