GBP/JPY – 1H – BUYThe combination British Pound/Japanese Yen (GBP/JPY) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 199.132 will persist.
Caution: A possible counter-trend in the direction of the support level at could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 199.29 |
| 2nd High | 199.183 |
| Next High | 199.132 |
| Current Price | 199.05500 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
199.132 – 199.183 – 199.05 – 198.371 – 198.271 – 198.739 — 48.416612201055 – 52.04206564607 — 11.042050471643 – 39.728708996829 – 7.9465332859583 – 18.558918506115
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji – Triple bottom chart pattern – –