GBP/JPY – 30M – BUYThe combination goes from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at 195.61100 is considered certain.
Caution: A possible change in the direction of the support line at 193.58700 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 197.59200 |
| 2nd High | 195.96900 |
| Next High | 195.61100 |
| Current Price | 194.72400 |
| Next Low | 193.58700 |
| 2nd Low | 192.87700 |
| 3rd Low | 191.73000 |