GBP/JPY – 30M – BUY
The combination moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 196.51600 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 195.42700 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 196.51600 |
Current Price | 196.05800 |
Next Low | 195.42700 |
2nd Low | 195.08500 |
3rd Low | 194.56000 |