GBP/JPY – 30M – BUYThe currency pair breaks through the descending trendline up.
A bullish movement upwards to the next resistance level at 195.71900 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 194.63800 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 197.59200 |
| 2nd High | 195.96900 |
| Next High | 195.71900 |
| Current Price | 195.38100 |
| Next Low | 194.63800 |
| 2nd Low | 194.61900 |
| 3rd Low | 193.56500 |