GBP/JPY – 30M – BUY

And also a ‘Inverse Head and Shoulder chart pattern’ chart formation is existing. The chart picture forms ‘Inverse Head and Shoulder chart pattern’. this is a bullish chart scenario. The pair is likely to go up.

The combination British Pound/Japanese Yen (GBP/JPY) breaks through the bullish trendline upwards

A continuation of the uptrend up to the next resistance at 212.757 is expected.

Caution: A possible reversal of the trend in the direction of the support line at 211.583 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

212.757 – 212.646 – 213.487 – 211.583 – 212.114 – 211.838 —
213.17700 – 213.31900 —
71.664292302292 – 59.239564263963 —
– —
212.75700 – 1769016600

Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Inverse Head and Shoulder chart pattern – – – – – – – –