GBP/JPY – 30M – SELLThe currency pair British Pound/Japanese Yen (GBP/JPY) goes from the ascending trendline downwards
The bearish trend downwards to the next support line at 0 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 205.40400 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
207.194 – 207.19 – 207.163 – 206.605 – 206.488 – 206.423 —
205.69000 – 205.61900 —
21.634649659694 – 19.795987439245 —
– —
207.19400 – 1764297000
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Double top retreat up – – – – – – – –