Buy GBP/JPY – 30M – BUY

The combination British Pound/Japanese Yen (GBP/JPY) breaks through the ascending trendline up.

A continuation of the bullish trend up to the next resistance level at 195.35400 is expected.

Caution: A possible counter-trend in the direction of the support zone at 194.37900 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 195.62000
2nd High 195.40300
Next High 195.35400
Current Price 196.17600
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:

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