GBP/JPY – 4H – SELLThe currency pair British Pound/Japanese Yen (GBP/JPY) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 187.46000 will continue.
Caution: A possible change in the direction of the resistance zone at 191.71600 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.96900 |
| 2nd High | 195.76700 |
| Next High | 191.71600 |
| Current Price | 190.43700 |
| Next Low | 187.46000 |
| 2nd Low | 187.45700 |
| 3rd Low | 184.37000 |
191.71600 – 189.65200 – 189.82100 – 187.46000 – 187.45700 – 184.37000