GBP/JPY – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 190.386 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 190.38600 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 193.48100 |
| 2nd High | 193.35400 |
| Next High | 190.38600 |
| Current Price | 189.28100 |
| Next Low | 186.68500 |
| 2nd Low | 185.81900 |
| 3rd Low | 185.28300 |