GBP/JPY – 30M – BUYThe pair British Pound/Japanese Yen (GBP/JPY) breaks through the descending trendline upwards
The bullish trend up to the next resistance at 195.35400 will persist.
Caution: A possible trend reversal in the direction of the support level at 194.37900 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.62000 |
| 2nd High | 195.40300 |
| Next High | 195.35400 |
| Current Price | 195.12100 |
| Next Low | 194.37900 |
| 2nd Low | 193.05700 |
| 3rd Low | 192.06400 |
195.35400 – 195.40300 – 195.62000 – 194.37900 – 193.05700 – 192.06400
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji