GBP/JPY – 30M – BUYThe pair breaks through the bearish trendline up.
The bullish trend upwards to the next resistance at 195.17000 is certain.
Caution: A possible counter-trend in the direction of the support zone at 191.73000 should always be considered.
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 | 195.17000 |
| Current Price | 195.03200 |
| Next Low | 191.73000 |
| 2nd Low | 190.40600 |
| 3rd Low | 189.84600 |