GBP/JPY – 30M – BUYThe currency pair breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance line at 194.77500 will persist.
Caution: A possible trend reversal in the direction of the support zone at 193.82600 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.57000 |
| 2nd High | 195.27700 |
| Next High | 194.77500 |
| Current Price | 195.37000 |
| Next Low | 193.82600 |
| 2nd Low | 193.69800 |
| 3rd Low | 193.56500 |