Buy GBP/JPY – 1H – BUY

The combination British Pound/Japanese Yen (GBP/JPY) breaks through the ascending trendline up.

A continuation of the uptrend up to the next resistance at 203.946 is considered certain.

Caution: A possible reversal of the trend in the direction of the support zone at 202.34 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 204.87
2nd High 204.239
Next High 203.946
Current Price 204.18400
Next Low 202.34
2nd Low 202.326
3rd Low 200.645

203.946 – 203.567 – 203.272 – 202.34 – 202.764 – 202.326 —
204.02700 – 204.36100 —
65.838128048643 – 60.202443177587 —
– —
203.94600 – 1763114400

Trading Signals:

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