GBP/JPY – 30M – BUYThe currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 198.23700 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 197.69200 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 198.91900 |
| 2nd High | 198.45500 |
| Next High | 198.23700 |
| Current Price | 198.30000 |
| Next Low | 197.69200 |
| 2nd Low | 197.07200 |
| 3rd Low | 196.64800 |