GBP/JPY – 30M – SELL
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 193.436824 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 195.49300 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 195.96900 |
2nd High | 195.61100 |
Next High | 195.49300 |
Current Price | 194.09000 |
Next Low | 193.58700 |
2nd Low | 192.87700 |
3rd Low | 191.73000 |