GBP/JPY – 30M – SELLThe currency pair moves from the ascending trendline downwards
A descending movement down to the next support level at 192.49900 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 193.26000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 193.35400 |
| 2nd High | 193.31700 |
| Next High | 193.26000 |
| Current Price | 193.29200 |
| Next Low | 192.49900 |
| 2nd Low | 192.46900 |
| 3rd Low | 191.95600 |