GBP/JPY – 30M – BUYThe pair British Pound/Japanese Yen (GBP/JPY) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 197.55600 will persist.
Caution: A possible change in the direction of the support level at 197.01500 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 198.94500 |
| 2nd High | 197.62000 |
| Next High | 197.55600 |
| Current Price | 197.63200 |
| Next Low | 197.01500 |
| 2nd Low | 196.78300 |
| 3rd Low | 196.59900 |