GBP/JPY – 30M – BUYThe pair breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 187.97700 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 186.68500 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 188.11900 |
| 2nd High | 188.09000 |
| Next High | 187.97700 |
| Current Price | 189.09100 |
| Next Low | 186.68500 |
| 2nd Low | 185.81900 |
| 3rd Low | 185.28300 |