GBP/JPY – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 193.742 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 193.49300 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.76700 |
| 2nd High | 193.74200 |
| Next High | 193.49300 |
| Current Price | 193.27100 |
| Next Low | 190.65700 |
| 2nd Low | 190.31400 |
| 3rd Low | 189.97500 |
193.49300 – 191.66300 – 192.62900 – 190.65700 – 190.31400 – 191.46900