Sell GBP/JPY – 1H – SELL

The currency pair British Pound/Japanese Yen (GBP/JPY) jumps from the ascending trendline downwards

The bearish trend downwards to the next support level at 193.05700 is considered certain.

Caution: A possible change in the direction of the resistance zone at 196.30800 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High
2nd High 196.40500
Next High 196.30800
Current Price 193.84000
Next Low 193.05700
2nd Low 192.06400
3rd Low 191.89200

196.30800 – 195.40300 – 195.62000 – 194.37900 – 193.05700 – 192.06400

Trading Signals:

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