GBP/JPY – 30M – BUYThe currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the descending trendline upwards
A bullish ascent up to the next resistance level at 191.28000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 189.35000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 192.46500 |
| 2nd High | 192.29800 |
| Next High | 191.28000 |
| Current Price | 190.93100 |
| Next Low | 189.35000 |
| 2nd Low | 188.07200 |
| 3rd Low | 186.68500 |