GBP/JPY – 4H – BUYThe currency pair British Pound/Japanese Yen (GBP/JPY) goes from the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 198.94500 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 194.05400 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 199.70900 |
| 2nd High | 199.55300 |
| Next High | 198.94500 |
| Current Price | 197.34100 |
| Next Low | 194.05400 |
| 2nd Low | 192.85100 |
| 3rd Low | 190.59400 |