GBP/JPY – 30M – BUYThe currency pair British Pound/Japanese Yen (GBP/JPY) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 194.62100 will persist.
Caution: A possible change in the direction of the support level at 192.84600 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 196.41700 |
| 2nd High | 194.80200 |
| Next High | 194.62100 |
| Current Price | 193.73900 |
| Next Low | 192.84600 |
| 2nd Low | 191.73000 |
| 3rd Low | 190.40600 |