GBP/JPY – 1H – BUYThe currency pair goes from the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 195.17000 is expected.
Caution: A possible counter-trend in the direction of the support zone at 192.12400 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 197.59200 |
| 2nd High | 195.96900 |
| Next High | 195.17000 |
| Current Price | 192.78100 |
| Next Low | 192.12400 |
| 2nd Low | 190.40600 |
| 3rd Low | 189.84600 |