GBP/JPY – 1H – BUYThe pair British Pound/Japanese Yen (GBP/JPY) goes from the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at 196.18400 will persist.
Caution: A possible change in the direction of the support line at 195.43800 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 196.40500 |
| 2nd High | 196.30800 |
| Next High | 196.18400 |
| Current Price | 195.30100 |
| 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