The currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the bearish trendline upwards
An ascent up to the next resistance at 196.23600 will continue.
Caution: A possible change in the direction of the support line at 195.28900 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 196.44100 |
| Next High | 196.23600 |
| Current Price | 195.09800 |
| Next Low | 195.28900 |
| 2nd Low | 194.77100 |
| 3rd Low | 194.62000 |
196.23600 – 195.91800 – 195.86200 – 195.28900 – 194.77100 – 195.43800
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji