GBP/JPY – 30M – SELLThe pair British Pound/Japanese Yen (GBP/JPY) jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 198.80000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 198.80000 |
| Current Price | 198.10900 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
198.80000 – 198.52800 – 198.59300 – 198.10700 – 198.01100 – 197.70300
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Outside Down – Double bottom retreat down