The combination British Pound/Japanese Yen (GBP/JPY) goes from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 196.16700 is considered certain.
Caution: A possible counter-trend in the direction of support at 195.39800 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 196.44100 |
| 2nd High | 196.23600 |
| Next High | 196.16700 |
| Current Price | 195.97900 |
| Next Low | 195.39800 |
| 2nd Low | 194.97500 |
| 3rd Low | 193.75600 |
196.16700 – 196.05800 – 195.97000 – 195.39800 – 194.97500 – 193.75600
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji