GBP/JPY – 30M – BUYThe pair British Pound/Japanese Yen (GBP/JPY) breaks through the bearish trendline upwards
The bullish trend up to the next resistance at 188.76800 is considered certain.
Caution: A possible change in the direction of the support level at 187.46000 should always be considered.
Consider stop-loss settings accordingly.
Then a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 189.02600 |
| 2nd High | 188.84300 |
| Next High | 188.76800 |
| Current Price | 189.14700 |
| Next Low | 187.46000 |
| 2nd Low | 187.45700 |
| 3rd Low | 186.57400 |
188.76800 – 188.84300 – 189.02600 – 187.46000 – 188.02300 – 187.99600