GBP/JPY – 1H – SELLThe combination moves from the bullish trendline down.
A bearish trend down to the next support at 185.28300 will persist.
Caution: A possible trend reversal in the direction of resistance at 188.09000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 189.50400 |
| 2nd High | 188.11900 |
| Next High | 188.09000 |
| Current Price | 186.34400 |
| Next Low | 185.28300 |
| 2nd Low | 183.76300 |
| 3rd Low | 183.71400 |