GBP/JPY – 30M – SELLThe pair goes from the bullish trendline down.
A bearish descent down to the next support at 198.03000 will continue.
Caution: A possible change in the direction of resistance at 199.68100 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 199.68100 |
| Current Price | 199.52300 |
| Next Low | 198.03000 |
| 2nd Low | 197.79800 |
| 3rd Low | 197.13400 |