GBP/JPY – 1H – BUYThe pair British Pound/Japanese Yen (GBP/JPY) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 196.40500 is expected.
Caution: A possible change in the direction of the support line at 194.37900 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 196.40500 |
| Current Price | 196.17600 |
| Next Low | 194.37900 |
| 2nd Low | 193.05700 |
| 3rd Low | 192.06400 |
195.40300 – 195.62000 – 194.03600 – 194.37900 – 193.05700 – 192.06400
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three White Soldiers