Gbpjpy next movement
1. Support Level: Around 190.000
2. Resistance Level: Around 193.000
3. Current Price: 191.190
4. Distance Between Support and Resistance:
193.000 - 190.000 = 3.000 (JPY)
Price Movement Analysis:
If GBP/JPY bounces from 190.000 support and moves toward 193.000 resistance, the potential upside movement is 3.000 JPY.
If GBP/JPY breaks below 190.000, further downside movement could occur.
The chart suggests a potential bullish breakout if the price holds above support and moves toward resistance.
2. Resistance Level: Around 193.000
3. Current Price: 191.190
4. Distance Between Support and Resistance:
193.000 - 190.000 = 3.000 (JPY)
Price Movement Analysis:
If GBP/JPY bounces from 190.000 support and moves toward 193.000 resistance, the potential upside movement is 3.000 JPY.
If GBP/JPY breaks below 190.000, further downside movement could occur.
The chart suggests a potential bullish breakout if the price holds above support and moves toward resistance.
Trade XAU/USD with expert signals Join World Expert Trading for reliable, profitable Gold trading insights Start now [t.me/WorldExpertTrading1]
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trade XAU/USD with expert signals Join World Expert Trading for reliable, profitable Gold trading insights Start now [t.me/WorldExpertTrading1]
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.