GBP/JPY – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Target of the current trend is 195.969 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance line at 195.17000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 197.59200 |
| 2nd High | 195.96900 |
| Next High | 195.17000 |
| Current Price | 194.87500 |
| Next Low | 191.73000 |
| 2nd Low | 190.40600 |
| 3rd Low | 189.84600 |