GBP/JPY – 1H – BUYThe pair British Pound/Japanese Yen (GBP/JPY) goes from the bearish trendline upwards
A bullish ascent upwards to the next resistance at 196.23600 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 193.25500 is also possible.
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 | 194.96800 |
| Next Low | 193.25500 |
| 2nd Low | 192.72200 |
| 3rd Low | 192.06400 |
196.23600 – 195.91800 – 196.44100 – 194.70800 – 195.28900 – 194.77100
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Outside Up