GBP/JPY – 30M – SELLThe currency pair jumps from the bullish trendline down.
A bearish descent downwards to the next support level at 193.69800 is certain.
Caution: A possible change in the direction of resistance at 195.27700 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.71900 |
| 2nd High | 195.57000 |
| Next High | 195.27700 |
| Current Price | 194.57900 |
| Next Low | 193.69800 |
| 2nd Low | 193.56500 |
| 3rd Low | 192.87700 |