The combination British Pound/Japanese Yen (GBP/JPY) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 193.40600 is certain.
Caution: A possible change in the direction of the support zone at 192.44600 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 194.62100 |
2nd High | 193.72400 |
Next High | 193.40600 |
Current Price | 194.06200 |
Next Low | 192.44600 |
2nd Low | 190.59400 |
3rd Low | 190.33800 |