GBP/JPY – 30M – BUYThe currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 211.436 will persist.
Caution: A possible change in the direction of the support line at 210.502 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 211.501 |
| 2nd High | 211.437 |
| Next High | 211.436 |
| Current Price | 211.42600 |
| Next Low | 210.502 |
| 2nd Low | 210.338 |
| 3rd Low | 210.251 |
211.323 – 211.436 – 211.437 – 210.502 – 210.754 – 210.74 —
210.91600 – 211.49700 —
47.810017654414 – 67.955382867813 —
– —
211.32300 – 1767580200
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Double top chart pattern – – – – – – – –