Sell GBP/JPY – 30M – SELL

The combination British Pound/Japanese Yen (GBP/JPY) moves from the bearish trendline downwards

A continuation of the downward movement down to the next support at 193.05700 is expected.

Caution: A possible change in the direction of resistance at 196.30800 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High
2nd High 196.40500
Next High 196.30800
Current Price 193.88100
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:

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