The pair breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance at 193.35400 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 190.12600 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 192.431 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 193.35400 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance |
Price Range* |
3rd High |
193.97200 |
2nd High |
193.48100 |
Next High |
193.35400 |
Current Price |
192.78200 |
Next Low |
190.12600 |
2nd Low |
188.70000 |
3rd Low |
186.68500 |
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Trading Signals: FOREX – GBP – GBP/JPY – JPY