GBP/JPY – 1H – BUYThe currency pair breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 195.96900 is certain.
Caution: A possible counter-trend in the direction of support at 193.82600 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 195.96900 |
| Current Price | 195.67600 |
| Next Low | 193.82600 |
| 2nd Low | 193.69800 |
| 3rd Low | 193.56500 |