GBP/JPY – 1H – SELLThe 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