GBP/JPY – 30M – SELLThe currency pair jumps from the bullish trendline downwards
A descent down to the next support at 188.16400 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 193.35400 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 193.97200 |
| 2nd High | 193.48100 |
| Next High | 193.35400 |
| Current Price | 189.66200 |
| Next Low | 188.16400 |
| 2nd Low | 186.68500 |
| 3rd Low | 185.81900 |