GBP/JPY – 30M – BUYThe pair moves from the bearish trendline up.
A bullish movement upwards to the next resistance line at 191.28900 is likely expected.
Caution: A possible counter-trend in the direction of support at 189.99900 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 197.59200 |
| 2nd High | 195.96900 |
| Next High | 191.28900 |
| Current Price | 190.12600 |
| Next Low | 189.99900 |
| 2nd Low | 188.70000 |
| 3rd Low | 188.16400 |