GBP/JPY – 1H – BUYThe pair breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 199.70900 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 197.10200 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 | 199.70900 |
| Current Price | 199.40600 |
| Next Low | 197.10200 |
| 2nd Low | 196.48700 |
| 3rd Low | 195.36700 |