GBP/JPY – 30M – BUYThe combination breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 187.16500 is expected.
Caution: A possible trend reversal in the direction of the support level at 185.28300 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 188.11900 |
| 2nd High | 188.09000 |
| Next High | 187.16500 |
| Current Price | 187.20200 |
| Next Low | 185.28300 |
| 2nd Low | 183.76300 |
| 3rd Low | 183.71400 |