GBP/JPY – 30M – BUYThe combination breaks through the bearish trendline upwards
An ascent upwards to the next resistance level at 194.77500 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 193.69800 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.57000 |
| 2nd High | 195.27700 |
| Next High | 194.77500 |
| Current Price | 194.35300 |
| Next Low | 193.69800 |
| 2nd Low | 193.56500 |
| 3rd Low | 192.87700 |