GBP/JPY – 4H – BUYThe pair British Pound/Japanese Yen (GBP/JPY) jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance at 195.89500 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 192.85100 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 198.43800 |
| 2nd High | 197.78100 |
| Next High | 195.89500 |
| Current Price | 195.46200 |
| Next Low | 192.85100 |
| 2nd Low | 190.59400 |
| 3rd Low | 188.07200 |