GBP/JPY – 1H – SELL
The combination jumps from the bullish trendline down.
A bearish movement downwards to the next support at 185.81900 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 187.44400 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 188.11900 |
2nd High | 188.09000 |
Next High | 187.44400 |
Current Price | 187.31600 |
Next Low | 185.81900 |
2nd Low | 185.28300 |
3rd Low | 183.76300 |