GBP/JPY – 30M – BUYThe pair breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 199.04400 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 197.10200 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 199.70900 |
| Next High | 199.04400 |
| Current Price | 198.34300 |
| Next Low | 197.10200 |
| 2nd Low | 196.48700 |
| 3rd Low | 195.36700 |