GBP/JPY – 1H – BUYThe combination breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 195.71900 is expected.
Caution: A possible trend reversal in the direction of the support level at 193.82600 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 195.96900 |
| Next High | 195.71900 |
| Current Price | 195.46000 |
| Next Low | 193.82600 |
| 2nd Low | 193.69800 |
| 3rd Low | 193.56500 |