GBP/JPY – 30M – BUYThe currency pair breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 194.34800 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 192.68200 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 199.46500 |
| 2nd High | 197.59200 |
| Next High | 194.34800 |
| Current Price | 194.37000 |
| Next Low | 192.68200 |
| 2nd Low | 192.49900 |
| 3rd Low | 192.46900 |