GBP/JPY – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 185.654968 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 186.38900 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 188.11900 |
| 2nd High | 188.09000 |
| Next High | 186.38900 |
| Current Price | 184.95500 |
| Next Low | 184.46600 |
| 2nd Low | 183.03900 |
| 3rd Low | 182.80400 |