GBP/JPY – 30M – BUYThe currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the bearish trendline upwards
The bullish trend up to the next resistance line at 196.01100 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 195.11500 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 198.19200 |
| 2nd High | 197.53900 |
| Next High | 196.01100 |
| Current Price | 195.54700 |
| Next Low | 195.11500 |
| 2nd Low | 194.63800 |
| 3rd Low | 194.18900 |