GBP/JPY – 30M – BUYThe pair breaks through the descending trendline upwards
A bullish trend upwards to the next resistance at 195.22900 is considered certain.
Caution: A possible change in the direction of the support level at 194.61900 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.61100 |
| 2nd High | 195.49300 |
| Next High | 195.22900 |
| Current Price | 195.08100 |
| Next Low | 194.61900 |
| 2nd Low | 193.56500 |
| 3rd Low | 192.87700 |