GBP/JPY – 30M – BUYThe currency pair breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 194.34800 will continue.
Caution: A possible reversal of the trend in the direction of support at 192.68200 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 199.46500 |
| 2nd High | 197.59200 |
| Next High | 194.34800 |
| Current Price | 194.36100 |
| Next Low | 192.68200 |
| 2nd Low | 192.49900 |
| 3rd Low | 192.46900 |