GBP/JPY – 30M – BUYThe combination breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 189.40800 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 188.16400 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 189.77500 |
| 2nd High | 189.50400 |
| Next High | 189.40800 |
| Current Price | 189.44600 |
| Next Low | 188.16400 |
| 2nd Low | 186.68500 |
| 3rd Low | 185.81900 |