GBP/JPY – 30M – BUYThe combination British Pound/Japanese Yen (GBP/JPY) breaks through the descending trendline up.
A bullish movement up to the next resistance line at 194.10000 will continue.
Caution: A possible change in the direction of the support level at 192.84600 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 196.41700 |
| 2nd High | 194.80200 |
| Next High | 194.10000 |
| Current Price | 193.89000 |
| Next Low | 192.84600 |
| 2nd Low | 191.73000 |
| 3rd Low | 190.40600 |