GBP/JPY – 30M – BUYThe pair breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 197.59200 is certain.
Caution: A possible counter-trend in the direction of the support level at 192.68200 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 194.348 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 197.59200 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 199.81500 |
| 2nd High | 199.46500 |
| Next High | 197.59200 |
| Current Price | 194.55400 |
| Next Low | 192.68200 |
| 2nd Low | 192.49900 |
| 3rd Low | 192.46900 |