GBP/JPY – 30M – BUYThe currency pair jumps from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 194.36700 is certain.
Caution: A possible counter-trend in the direction of the support level at 193.87100 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.96900 |
| 2nd High | 195.61100 |
| Next High | 194.36700 |
| Current Price | 194.55400 |
| Next Low | 193.87100 |
| 2nd Low | 192.87700 |
| 3rd Low | 191.73000 |