The pair British Pound/Japanese Yen (GBP/JPY) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 203.946 is certain.
Caution: A possible counter-trend in the direction of the support level at 202.34 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 204.87 |
| 2nd High | 204.239 |
| Next High | 203.946 |
| Current Price | 204.26900 |
| Next Low | 202.34 |
| 2nd Low | 202.326 |
| 3rd Low | 200.645 |
203.946 – 203.567 – 203.272 – 202.34 – 202.764 – 202.326 —
204.14500 – 204.25800 —
66.278317990416 – 60.463390456429 —
– —
203.94600 – 1763114400
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Double bottom chart pattern – – – –