GBP/JPY – 1H – BUYThe currency pair breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 198.43200 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 196.64300 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 198.43200 |
| Current Price | 197.01600 |
| Next Low | 196.64300 |
| 2nd Low | 195.09600 |
| 3rd Low | 194.56000 |