GBP/JPY – 30M – BUYThe pair breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 197.59200 is considered certain.
Caution: A possible change in the direction of support at 192.68200 is also possible.
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 | 194.25400 |
| Next Low | 192.68200 |
| 2nd Low | 192.49900 |
| 3rd Low | 192.46900 |