GBP/JPY – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 194.597688 at the Fibonacci level 0.79-Level. Caution: A possible change 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 | 192.86000 |
| Next Low | 192.12400 |
| 2nd Low | 190.40600 |
| 3rd Low | 189.84600 |