GBP/JPY – 4H – SELLThe currency pair British Pound/Japanese Yen (GBP/JPY) jumps from the bullish trendline down.
A bearish trend down to the next support at 195.35600 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 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 | |
| Next High | |
| Current Price | 199.17900 |
| Next Low | 195.35600 |
| 2nd Low | 194.01200 |
| 3rd Low | 193.75600 |
198.80000 – 198.19500 – 196.84100 – 195.35600 – 194.01200 – 193.75600 — 63.625194136383 – 62.592498438259 — 80.587459588309 – 83.139806927926 – 73.239706571548 – 80.336924893222
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Triple top chart pattern – –