GBP/JPY – 1H – BUYThe combination goes from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 193.35800 is certain.
Caution: A possible change in the direction of the support zone at 189.56100 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 197.59200 |
| 2nd High | 195.96900 |
| Next High | 193.35800 |
| Current Price | 190.84600 |
| Next Low | 189.56100 |
| 2nd Low | 188.70000 |
| 3rd Low | 186.68500 |