GBP/JPY – 30M – SELLThe currency pair British Pound/Japanese Yen (GBP/JPY) moves from the bullish trendline down.
A bearish movement down to the next support at 193.05700 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 196.30800 could be enabled.
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 | 193.89400 |
| Next Low | 193.05700 |
| 2nd Low | 192.06400 |
| 3rd Low | 191.89200 |
196.30800 – 195.35400 – 195.40300 – 194.28600 – 194.88800 – 194.37900
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Outside Down