GBP/JPY – 30M – BUYThe currency pair breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 198.43200 is certain.
Caution: A possible counter-trend in the direction of the support zone at 196.64300 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 198.43200 |
| Current Price | 197.52100 |
| Next Low | 196.64300 |
| 2nd Low | 195.09600 |
| 3rd Low | 195.08500 |