GBP/JPY – 30M – SELLThe pair British Pound/Japanese Yen (GBP/JPY) jumps from the bullish trendline downwards
A bearish movement downwards to the next support line at 198.669 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 200.264 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 200.264 |
| Current Price | 200.00600 |
| Next Low | 198.669 |
| 2nd Low | 198.267 |
| 3rd Low | 198.119 |
199.785 – 198.657 – 198.813 – 198.669 – 198.267 – 198.281 — 64.569825760621 – 59.72775689463 — 81.943751308637 – 70.707498353561 – 85.110395923598 – 79.09647219963
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Black Crows – Rising Wedge Chart Pattern – –