GBP/JPY – 1H – BUYThe pair breaks through the descending trendline upwards
A bullish movement up to the next resistance at 186.72600 will persist.
Caution: A possible counter-trend in the direction of the support line at 185.28300 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 188.11900 |
| 2nd High | 188.09000 |
| Next High | 186.72600 |
| Current Price | 186.70600 |
| Next Low | 185.28300 |
| 2nd Low | 183.76300 |
| 3rd Low | 183.71400 |