GBP/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 208.4525 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 209.476 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 210.511 |
| 2nd High | 209.678 |
| Next High | 209.476 |
| Current Price | 207.91400 |
| Next Low | 207.227 |
| 2nd Low | 207.045 |
| 3rd Low | 206.761 |
209.476 – 209.678 – 209.324 – 207.227 – 207.341 – 208.96 —
207.97200 – 207.91400 —
52.068832817119 – 44.069758851536 —
– —
209.476 – 1771291800
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Double bottom chart pattern – – – – – – – –