GBP/JPY – 1H – BUYThe currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 196.30800 will continue.
Caution: A possible change in the direction of the support zone at 195.43800 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 196.40500 |
| Next High | 196.30800 |
| Current Price | 196.20500 |
| Next Low | 195.43800 |
| 2nd Low | 193.25500 |
| 3rd Low | 192.72200 |
196.18400 – 195.48800 – 195.22800 – 195.43800 – 193.25500 – 192.72200
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji