GBP/JPY – 30M – SELLThe pair British Pound/Japanese Yen (GBP/JPY) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support level at 195.43800 is likely expected.
Caution: A possible change in the direction of the resistance level at 196.06300 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 196.18400 |
| 2nd High | 196.14600 |
| Next High | 196.06300 |
| Current Price | 195.84100 |
| Next Low | 195.43800 |
| 2nd Low | 194.80500 |
| 3rd Low | 194.62000 |
196.06300 – 195.99200 – 196.14600 – 195.43800 – 194.80500 – 194.62000
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji