GBP/JPY – 1H – BUY

No data available for the given parameters.

The currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the ascending trendline up.

A continuation of the bullish trend up to the next resistance level at 200.142 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 199.289 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance	Price Range*
3rd High
2nd High	200.264
Next High	200.142
Current Price	199.85100
Next Low	199.289
2nd Low	198.786
3rd Low	198.669

199.8 – 200.142 – 199.132 – 199.289 – 198.786 – 199.353 — 56.539786146987 – 57.536427315026 — 48.167242041321 – 56.88846761037 – 42.354798584172 – 47.767662445073

Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Double bottom retreat down – –