GBP/JPY – 30M – SELL
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 184.466 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 186.38900 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 188.11900 |
2nd High | 188.09000 |
Next High | 186.38900 |
Current Price | 184.08000 |
Next Low | 183.03900 |
2nd Low | 182.80400 |
3rd Low | 180.08800 |