The combination British Pound/Japanese Yen (GBP/JPY) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance line at 195.51700 will persist.
Caution: A possible change in the direction of the support zone at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 196.44100 |
| 2nd High | 196.23600 |
| Next High | 195.51700 |
| Current Price | 195.33600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
195.51700 – 196.23600 – 195.91800 – 194.70800 – 195.28900 – 194.77100
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji