GBP/JPY – 30M – BUYThe combination breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 197.59200 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 192.49900 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 199.81500 |
| 2nd High | 199.46500 |
| Next High | 197.59200 |
| Current Price | 194.26900 |
| Next Low | 192.49900 |
| 2nd Low | 192.46900 |
| 3rd Low | 191.95600 |