GBP/JPY – 30M – SELLThe combination jumps from the bullish trendline downwards
A descending movement down to the next support line at 196.64300 will continue.
Caution: A possible change in the direction of resistance at 198.43200 should always be considered.
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 | 196.86500 |
| Next Low | 196.64300 |
| 2nd Low | 195.09600 |
| 3rd Low | 195.08500 |