GBP/JPY – 30M – BUYThe pair breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 193.35400 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 191.33200 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 193.97200 |
| 2nd High | 193.48100 |
| Next High | 193.35400 |
| Current Price | 192.78200 |
| Next Low | 191.33200 |
| 2nd Low | 190.12600 |
| 3rd Low | 188.70000 |