GBP/JPY – 1H – BUYThe currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance at 200.264 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 199.9 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 200.264 |
| Current Price | 200.20000 |
| Next Low | 199.9 |
| 2nd Low | 199.658 |
| 3rd Low | 199.289 |
199.8 – 200.142 – 199.132 – 199.9 – 199.658 – 199.289 — 57.066232529449 – 57.178164695511 — 73.352676947492 – 71.124873167421 – 77.078682092648 – 73.192904811854
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji – – –