GBP/JPY – 1H – SELLThe combination jumps from the bullish trendline down.
A bearish movement downwards to the next support at 185.81900 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 187.44400 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 188.11900 |
| 2nd High | 188.09000 |
| Next High | 187.44400 |
| Current Price | 187.31600 |
| Next Low | 185.81900 |
| 2nd Low | 185.28300 |
| 3rd Low | 183.76300 |