GBP/JPY – 30M – BUYThe combination breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance line at 194.36700 is expected.
Caution: A possible counter-trend in the direction of the support zone at 192.87700 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.96900 |
| 2nd High | 195.61100 |
| Next High | 194.36700 |
| Current Price | 194.08200 |
| Next Low | 192.87700 |
| 2nd Low | 191.73000 |
| 3rd Low | 190.40600 |