GBP/JPY – 1H – BUYThe pair breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance at 195.22900 is considered certain.
Caution: A possible counter-trend in the direction of support at 194.61900 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.61100 |
| 2nd High | 195.49300 |
| Next High | 195.22900 |
| Current Price | 195.64000 |
| Next Low | 194.61900 |
| 2nd Low | 193.56500 |
| 3rd Low | 192.87700 |