GBP/JPY – 30M – SELLThe pair moves from the ascending trendline downwards
A descending movement down to the next support line at 196.87900 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 198.43200 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 198.43200 |
| Current Price | 196.76800 |
| Next Low | 196.87900 |
| 2nd Low | 195.09600 |
| 3rd Low | 195.08500 |