GBP/JPY – 30M – SELLThe currency pair British Pound/Japanese Yen (GBP/JPY) goes from the bullish trendline downwards
The bearish trend downwards to the next support level at 199.289 is expected.
Caution: A possible trend reversal in the direction of resistance at 200.474 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 200.474 |
| Current Price | 200.54800 |
| Next Low | 199.289 |
| 2nd Low | 198.786 |
| 3rd Low | 198.669 |
200.474 – 199.516 – 199.8 – 199.289 – 198.786 – 198.669 — 71.715383084367 – 62.333663522508 — 98.17031083658 – 86.746225858143 – 88.970000428955 – 91.917627487953
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Tweezers Top – – –