GBP/JPY – 30M – SELLThe currency pair British Pound/Japanese Yen (GBP/JPY) jumps from the bullish trendline down.
A bearish trend downwards to the next support line at 203.69 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 204.293 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘%K crosses below %D’ indicator layout is discovered. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 204.563 |
| 2nd High | 204.52 |
| Next High | 204.293 |
| Current Price | 204.55600 |
| Next Low | 203.69 |
| 2nd Low | 203.127 |
| 3rd Low | 202.34 |
204.293 – 204.52 – 203.602 – 203.883 – 203.69 – 203.127 —
204.47400 – 204.70400 —
54.983279803507 – 65.566810911208 —
– —
204.29300 – 1763431200