GBP/JPY – 30M – BUYThe combination moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 196.51600 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 195.42700 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 196.51600 |
| Current Price | 196.05800 |
| Next Low | 195.42700 |
| 2nd Low | 195.08500 |
| 3rd Low | 194.56000 |