GBP/JPY – 30M – BUYThe combination breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance at is likely expected.
Caution: A possible counter-trend in the direction of the support level at 195.09600 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 197.54900 |
| Next Low | 195.09600 |
| 2nd Low | 195.08500 |
| 3rd Low | 194.56000 |