GBP/JPY – 4H – BUYThe currency pair British Pound/Japanese Yen (GBP/JPY) moves from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 198.25200 is considered certain.
Caution: A possible counter-trend in the direction of support at 194.18900 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 198.94600 |
| Next High | 198.25200 |
| Current Price | 194.70500 |
| Next Low | 194.18900 |
| 2nd Low | 194.05400 |
| 3rd Low | 192.85100 |