GBP/JPY – 1H – BUYThe currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 211.54 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 209.176 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 213.719 |
| 2nd High | 212.112 |
| Next High | 211.54 |
| Current Price | 211.87100 |
| Next Low | 209.176 |
| 2nd Low | 209.039 |
| 3rd Low | 208.129 |
211.54 – 210.987 – 210.613 – 209.176 – 209.481 – 209.213 —
211.35400 – 211.77800 —
56.732065455494 – 65.573875905472 —
– —
211.54 – 1772838000
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –