GBP/JPY – 30M – BUYThe currency pair moves from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 195.17000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 192.12400 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 197.59200 |
| 2nd High | 195.96900 |
| Next High | 195.17000 |
| Current Price | 192.50900 |
| Next Low | 192.12400 |
| 2nd Low | 190.40600 |
| 3rd Low | 189.84600 |