GBP/JPY – 30M – SELLThe combination British Pound/Japanese Yen (GBP/JPY) goes from the bullish trendline downwards
A descent downwards to the next support line at 195.28900 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 196.23600 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 196.44100 |
| Next High | 196.23600 |
| Current Price | 195.73400 |
| Next Low | 195.28900 |
| 2nd Low | 194.77100 |
| 3rd Low | 194.62000 |
196.23600 – 195.91800 – 195.86200 – 195.28900 – 194.77100 – 195.43800