GBP/JPY – 1H – BUYThe combination breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 193.31700 will persist.
Caution: A possible counter-trend in the direction of the support level at 191.75200 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 193.48100 |
| 2nd High | 193.35400 |
| Next High | 193.31700 |
| Current Price | 192.87400 |
| Next Low | 191.75200 |
| 2nd Low | 190.12600 |
| 3rd Low | 188.70000 |