GBP/JPY – 1H – BUYThe combination breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 195.22900 is certain.
Caution: A possible counter-trend in the direction of the support level at 194.61900 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.61100 |
| 2nd High | 195.49300 |
| Next High | 195.22900 |
| Current Price | 195.47200 |
| Next Low | 194.61900 |
| 2nd Low | 193.56500 |
| 3rd Low | 192.87700 |