GBP/JPY – 1H – BUYThe currency pair breaks through the bearish trendline upwards
An ascent up to the next resistance level at 187.44400 will persist.
Caution: A possible counter-trend in the direction of the support level at 185.81900 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 188.11900 |
| 2nd High | 188.09000 |
| Next High | 187.44400 |
| Current Price | 187.53800 |
| Next Low | 185.81900 |
| 2nd Low | 185.28300 |
| 3rd Low | 183.76300 |