The pair British Pound/Japanese Yen (GBP/JPY) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance at 199.457 will continue.
Caution: A possible trend reversal in the direction of the support zone at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 200.142 |
| 2nd High | 199.87 |
| Next High | 199.457 |
| Current Price | 199.45700 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
199.457 – 199.87 – 200.142 – 198.786 – 198.669 – 198.267 — 53.606358688916 – 58.421735010939 — 29.486119721706 – 59.178893710822 – 27.16929576818 – 34.461895249248
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji – Double bottom chart pattern – –