GBP/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 191.073288 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 195.96900 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 199.46500 |
| 2nd High | 197.59200 |
| Next High | 195.96900 |
| Current Price | 192.41600 |
| Next Low | 189.56100 |
| 2nd Low | 188.70000 |
| 3rd Low | 188.16400 |