GBP/JPY – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 190.404856 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 191.98700 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 193.48100 |
| 2nd High | 193.35400 |
| Next High | 191.98700 |
| Current Price | 191.60100 |
| Next Low | 188.70000 |
| 2nd Low | 186.68500 |
| 3rd Low | 185.81900 |