GBP/JPY – 30M – BUYThe pair British Pound/Japanese Yen (GBP/JPY) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance level at 191.24900 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 190.20800 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 192.46500 |
| 2nd High | 192.29800 |
| Next High | 191.24900 |
| Current Price | 190.68200 |
| Next Low | 190.20800 |
| 2nd Low | 190.14500 |
| 3rd Low | 189.84600 |