GBP/JPY – 30M – BUYThe pair breaks through the bearish trendline up.
An ascending movement up to the next resistance at 194.29700 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 193.56500 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.61100 |
| 2nd High | 195.49300 |
| Next High | 194.29700 |
| Current Price | 194.51400 |
| Next Low | 193.56500 |
| 2nd Low | 192.87700 |
| 3rd Low | 191.73000 |