GBP/JPY – 30M – SELL
The pair moves from the descending trendline downwards
A continuation of the bearish trend down to the next support at 194.71900 is expected.
Caution: A possible change in the direction of the resistance level at 195.61100 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 197.59200 |
2nd High | 195.96900 |
Next High | 195.61100 |
Current Price | 194.94100 |
Next Low | 194.71900 |
2nd Low | 193.58700 |
3rd Low | 192.87700 |