Sell GBP/JPY – 30M – SELL

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 211.95 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 213.299 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 214.433
2nd High 213.719
Next High 213.299
Current Price 212.57700
Next Low
2nd Low
3rd Low

213.299 – 212.883 – 212.409 – 212.36 – 211.973 – 211.589 —
212.64900 – 212.76100 —
39.459060419094 – 45.071169808066 —
– —
213.299 – 1773268200

Trading Signals:

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