GBP/JPY – 30M – BUYThe combination jumps from the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 195.61100 is expected.
Caution: A possible trend reversal in the direction of the support zone at 191.73000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 197.59200 |
| 2nd High | 195.96900 |
| Next High | 195.61100 |
| Current Price | 193.82000 |
| Next Low | 191.73000 |
| 2nd Low | 190.40600 |
| 3rd Low | 189.84600 |