GBP/JPY – 30M – BUYThe currency pair breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at 194.34800 is expected.
Caution: A possible counter-trend in the direction of the support level at 192.68200 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 199.46500 |
| 2nd High | 197.59200 |
| Next High | 194.34800 |
| Current Price | 195.87400 |
| Next Low | 192.68200 |
| 2nd Low | 192.49900 |
| 3rd Low | 192.46900 |