GBP/JPY – 30M – BUYThe currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the descending trendline up.
An ascent up to the next resistance line at 189.02600 is certain.
Caution: A possible change in the direction of the support level at 187.99600 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 189.14500 |
| 2nd High | 189.06800 |
| Next High | 189.02600 |
| Current Price | 188.57100 |
| Next Low | 187.99600 |
| 2nd Low | 187.45700 |
| 3rd Low | 186.57400 |
189.02600 – 189.06800 – 189.14500 – 187.99600 – 188.73400 – 188.68800