GBP/JPY – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 186.2925 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 186.14800 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 188.09000 |
| 2nd High | 186.38900 |
| Next High | 186.14800 |
| Current Price | 185.50100 |
| Next Low | 184.46600 |
| 2nd Low | 183.03900 |
| 3rd Low | 182.80400 |