GBP/JPY – 1H – BUYThe pair British Pound/Japanese Yen (GBP/JPY) breaks through the bearish trendline upwards
An ascending movement up to the next resistance level at 196.44100 will persist.
Caution: A possible counter-trend in the direction of the support line at 195.28900 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 196.44100 |
| Current Price | 196.00100 |
| Next Low | 195.28900 |
| 2nd Low | 194.77100 |
| 3rd Low | 193.25500 |
195.91800 – 196.44100 – 196.18400 – 195.28900 – 194.77100 – 195.43800
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji