Sell GBP/JPY – 1H – SELL

The combination British Pound/Japanese Yen (GBP/JPY) goes from the bullish trendline down.

A descent downwards to the next support at 194.37900 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 195.40300 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 196.40500
2nd High 195.62000
Next High 195.40300
Current Price 195.83800
Next Low 194.37900
2nd Low 193.05700
3rd Low 192.06400

195.40300 – 195.62000 – 194.03600 – 194.37900 – 193.05700 – 192.06400

Trading Signals:

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