GBP/JPY – 30M – BUYThe pair British Pound/Japanese Yen (GBP/JPY) breaks through the bearish trendline upwards
A bullish trend up to the next resistance at 195.99500 will persist.
Caution: A possible counter-trend in the direction of support at 193.56200 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 198.43800 |
| 2nd High | 196.14300 |
| Next High | 195.99500 |
| Current Price | 196.05600 |
| Next Low | 193.56200 |
| 2nd Low | 192.87700 |
| 3rd Low | 191.73000 |