GBP/JPY – 30M – BUYThe pair breaks through the descending trendline up.
An ascending movement up to the next resistance level at 194.77500 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 193.82600 should be noted.
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 | 194.83700 |
| Next Low | 193.82600 |
| 2nd Low | 193.69800 |
| 3rd Low | 193.56500 |