GBP/JPY – 30M – BUYThe pair British Pound/Japanese Yen (GBP/JPY) goes from the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 196.41700 is expected.
Caution: A possible change in the direction of the support zone at 194.52300 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 198.43800 |
| 2nd High | 197.78100 |
| Next High | 196.41700 |
| Current Price | 194.80300 |
| Next Low | 194.52300 |
| 2nd Low | 193.56200 |
| 3rd Low | 192.87700 |