GBP/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will continue. Current target is 198.225446 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 198.91900 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 199.55300 |
| 2nd High | 199.37100 |
| Next High | 198.91900 |
| Current Price | 198.17800 |
| Next Low | 197.86400 |
| 2nd Low | 197.10200 |
| 3rd Low | 196.48700 |