GBP/JPY – 30M – BUYThe currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance line at 200.35 is expected.
Caution: A possible counter-trend in the direction of the support level at 199.694 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 200.739 |
| 2nd High | 200.713 |
| Next High | 200.35 |
| Current Price | 200.34800 |
| Next Low | 199.694 |
| 2nd Low | 199.289 |
| 3rd Low | 198.786 |
200.35 – 200.713 – 200.643 – 199.694 – 199.289 – 198.786 — 59.785128241507 – 62.778020182245 — 76.494531901329 – 81.835123338728 – 68.951474828546 – 77.084664685029
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji – – –