GBP/JPY – 4H – SELLThe currency pair British Pound/Japanese Yen (GBP/JPY) goes from the bullish trendline downwards
The bearish trend down to the next support at is likely expected.
Caution: A possible change in the direction of the resistance level at 196.44100 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 196.44100 |
| Current Price | 195.05600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
196.44100 – 196.30800 – 194.20600 – 194.77100 – 192.72200 – 191.89200
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Matching Low