GBP/JPY – 30M – BUYThe combination breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 196.51600 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 195.09600 should be noted.
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 | 196.13400 |
| Next Low | 195.09600 |
| 2nd Low | 195.08500 |
| 3rd Low | 194.56000 |