The pair British Pound/Japanese Yen (GBP/JPY) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 199.8 is certain.
Caution: A possible trend reversal in the direction of the support level at 199.289 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 200.142 |
| 2nd High | 199.87 |
| Next High | 199.8 |
| Current Price | 199.76200 |
| Next Low | 199.289 |
| 2nd Low | 198.786 |
| 3rd Low | 198.669 |
199.516 – 199.8 – 199.457 – 199.289 – 198.786 – 198.669 — 42.442497475351 – 53.911204189652 — 1.3772482741105 – 16.027106277851 – 2.099947422373 – 5.8014515173205
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji – Triple top chart pattern – –