GBP/JPY – 1H – BUYThe currency pair goes from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 193.26000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 191.75200 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 193.35400 |
| 2nd High | 193.31700 |
| Next High | 193.26000 |
| Current Price | 193.14100 |
| Next Low | 191.75200 |
| 2nd Low | 190.12600 |
| 3rd Low | 188.70000 |