GBP/JPY – 30M – SELLThe combination British Pound/Japanese Yen (GBP/JPY) jumps from the ascending trendline downwards
The bearish trend down to the next support level at 199.289 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 199.87 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 200.339 |
| 2nd High | 200.142 |
| Next High | 199.87 |
| Current Price | 199.76300 |
| Next Low | 199.289 |
| 2nd Low | 198.786 |
| 3rd Low | 198.669 |
199.516 – 199.8 – 199.457 – 199.289 – 198.786 – 198.669 — 53.839980396739 – 49.048353374494 — 39.822755860492 – 23.639222412807 – 44.530778871785 – 35.097198399085
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji – – –