GBP/JPY – 30M – SELLThe pair jumps from the bullish trendline downwards
A bearish movement downwards to the next support at 197.86400 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 199.04400 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 199.70900 |
| Next High | 199.04400 |
| Current Price | 199.16100 |
| Next Low | 197.86400 |
| 2nd Low | 197.10200 |
| 3rd Low | 196.48700 |