GBP/JPY – 30M – BUYThe combination British Pound/Japanese Yen (GBP/JPY) jumps from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 192.46500 is expected.
Caution: A possible trend reversal in the direction of the support level at 191.59400 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 193.72400 |
| 2nd High | 192.61500 |
| Next High | 192.46500 |
| Current Price | 192.22100 |
| Next Low | 191.59400 |
| 2nd Low | 190.68000 |
| 3rd Low | 190.40600 |