GBP/JPY – 30M – BUYThe combination breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 199.00100 is likely expected.
Caution: A possible change in the direction of the support line at 198.03000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 199.34700 |
| Next High | 199.00100 |
| Current Price | 199.55800 |
| Next Low | 198.03000 |
| 2nd Low | 197.79800 |
| 3rd Low | 197.13400 |