GBP/JPY – 30M – BUYThe combination British Pound/Japanese Yen (GBP/JPY) goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 197.78100 is expected.
Caution: A possible counter-trend in the direction of support at 196.11100 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 198.45500 |
| 2nd High | 198.43800 |
| Next High | 197.78100 |
| Current Price | 196.65700 |
| Next Low | 196.11100 |
| 2nd Low | 193.56200 |
| 3rd Low | 192.87700 |