GBP/JPY – 30M – BUYThe combination breaks through the descending trendline up.
A bullish movement up to the next resistance line at 197.72200 will continue.
Caution: A possible change in the direction of the support level at 196.48700 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 199.70900 |
| 2nd High | 198.36900 |
| Next High | 197.72200 |
| Current Price | 197.67700 |
| Next Low | 196.48700 |
| 2nd Low | 195.36700 |
| 3rd Low | 195.09600 |