GBP/JPY – 1H – BUYThe combination goes from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 187.44400 will continue.
Caution: A possible change in the direction of the support line at 185.28300 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 188.11900 |
| 2nd High | 188.09000 |
| Next High | 187.44400 |
| Current Price | 187.37500 |
| Next Low | 185.28300 |
| 2nd Low | 183.76300 |
| 3rd Low | 183.71400 |