GBPJPY Price Looking for Breakout Points

200
GBP/JPY currency pair and looking for potential breakout points based on certain price levels.

1. Breakout from 196.560:

If the price breaks above this level (196.560), this could signal a potential bullish breakout, suggesting upward momentum. The next target would depend on how the price behaves post-breakout.

2. Next Resistance Zone (197.500):

If the price doesn't break out from 196.560, the next resistance zone to watch is 197.500. If this level is broken, and moving to out Selling Zone Point.

3. Support Zone (194.040):

On the downside, if the price fails to hold at 196.560 and begins to fall, 194.040 acts as a strong support zone. If this level is broken, further downside movement could be expected.

Remember These levels Price will Move in these points fallow our Trend trend is Friend

Rate Share Your idea what's Going on GBPJPY Thanks.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.