GBP/JPY – 30M – BUYThe currency pair goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 195.87200 is considered certain.
Caution: A possible change in the direction of the support level at 195.08500 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 196.044 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 195.87200 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 196.04400 |
| Next High | 195.87200 |
| Current Price | 195.70000 |
| Next Low | 195.08500 |
| 2nd Low | 194.56000 |
| 3rd Low | 193.82600 |