GBP/JPY – 1H – SELL

The currency pair British Pound/Japanese Yen (GBP/JPY) goes from the bullish trendline down.

A bearish movement down to the next support line at 194.97500 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 196.84100 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

196.84100 – 196.23600 – 195.91800 – 194.97500 – 193.75600 – 194.70800

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji