GBP/JPY – 30M – BUYThe currency pair British Pound/Japanese Yen (GBP/JPY) goes from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 195.40300 is certain.
Caution: A possible trend reversal in the direction of the support line at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.91600 |
| 2nd High | 195.62000 |
| Next High | 195.40300 |
| Current Price | 195.12600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
195.40300 – 195.62000 – 193.82100 – 194.37900 – 193.05700 – 192.06400
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji