GBP/JPY – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 214.6155 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 215.368 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 216.592 |
| 2nd High | 215.518 |
| Next High | 215.368 |
| Current Price | 214.97100 |
| Next Low | 214.302 |
| 2nd Low | 213.863 |
| 3rd Low | 213.49 |
215.368 – 214.998 – 214.934 – 214.302 – 213.863 – 214.324 —
215.24000 – 215.14200 —
58.391912466576 – 46.588088570373 —
– —
215.368 – 1781510400
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –