Sell GBP/JPY – 1H – SELL

Then a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 210.061316 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 210.833 could happen.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 214.433
2nd High 213.719
Next High 210.833
Current Price 210.38300
Next Low 208.129
2nd Low 208.076
3rd Low 207.227

210.833 – 209.219 – 209.683 – 208.129 – 208.215 – 208.076 —
210.40600 – 210.79200 —
63.28736344369 – 61.460041338169 —
– —
210.833 – 1771952400

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