GBP/JPY – 1H – BUYThe pair British Pound/Japanese Yen (GBP/JPY) jumps from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 196.44100 will persist.
Caution: A possible counter-trend in the direction of the support level at 193.25500 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 196.44100 |
| Current Price | 195.36100 |
| Next Low | 193.25500 |
| 2nd Low | 192.72200 |
| 3rd Low | 192.06400 |
196.44100 – 196.18400 – 195.48800 – 195.43800 – 193.25500 – 192.72200