The pair British Pound/Japanese Yen (GBP/JPY) breaks through the descending trendline upwards
An ascent upwards to the next resistance line at 195.91800 will continue.
Caution: A possible reversal of the trend in the direction of the support level at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 196.44100 |
| Next High | 195.91800 |
| Current Price | 196.08100 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
195.91800 – 195.86200 – 196.44100 – 195.28900 – 194.77100 – 195.43800