GBP/JPY

Buy GBP/JPY – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 192.431 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 192.43100 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 193.48100
2nd High 193.35400
Next High 192.43100
Current Price 191.72700
Next Low 190.12600
2nd Low 188.70000
3rd Low 188.16400

Download GBP/JPY Signal Image

Trading Signals:

Buy GBP/JPY – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 192.431 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 192.43100 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 193.48100
2nd High 193.35400
Next High 192.43100
Current Price 191.61600
Next Low 190.12600
2nd Low 188.70000
3rd Low 188.16400

Download GBP/JPY Signal Image

Trading Signals:

Sell GBP/JPY – 1H – SELL

The pair goes from the bullish trendline downwards

The bearish trend down to the next support at 188.70000 is certain.

Caution: A possible trend reversal in the direction of resistance at 192.29900 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 193.48100
2nd High 193.35400
Next High 192.29900
Current Price 191.70100
Next Low 188.70000
2nd Low 186.68500
3rd Low 185.81900

Download GBP/JPY Signal Image

Trading Signals:

Sell GBP/JPY – 30M – SELL

The currency pair goes from the ascending trendline down.

The bearish trend down to the next support level at 190.12600 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 192.29900 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 193.48100
2nd High 193.35400
Next High 192.29900
Current Price 191.93800
Next Low 190.12600
2nd Low 188.70000
3rd Low 188.16400

Download GBP/JPY Signal Image

Trading Signals:

Buy GBP/JPY – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 192.299 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 192.29900 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 193.48100
2nd High 193.35400
Next High 192.29900
Current Price 191.73800
Next Low 190.12600
2nd Low 188.70000
3rd Low 188.16400

Download GBP/JPY Signal Image

Trading Signals:

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