GBP/JPY – 30M – BUYThe currency pair jumps from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 195.61100 will persist.
Caution: A possible counter-trend in the direction of the support level at 193.33900 could occur.
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 | 195.61100 |
| Current Price | 193.65400 |
| Next Low | 193.33900 |
| 2nd Low | 191.73000 |
| 3rd Low | 190.40600 |