GBP/JPY – 30M – BUYThe currency pair British Pound/Japanese Yen (GBP/JPY) moves from the bearish trendline upwards
The bullish trend upwards to the next resistance at 194.80200 will persist.
Caution: A possible reversal of the trend in the direction of support at 192.87700 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 197.78100 |
| 2nd High | 196.41700 |
| Next High | 194.80200 |
| Current Price | 193.42900 |
| Next Low | 192.87700 |
| 2nd Low | 191.73000 |
| 3rd Low | 190.40600 |