GBP/JPY – 30M – BUYThe currency pair breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 197.78000 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 197.13400 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 198.43200 |
| Next High | 197.78000 |
| Current Price | 198.60000 |
| Next Low | 197.13400 |
| 2nd Low | 196.39600 |
| 3rd Low | 195.09600 |