The pair British Pound/Japanese Yen (GBP/JPY) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 213.432 is considered certain.
Caution: A possible change in the direction of the support level at 212.676 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘%K crosses below %D’ indicator signal is existing. The indicator is ‘%K crosses below %D’. which could be a negative signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 214.103 |
| 2nd High | 213.487 |
| Next High | 213.432 |
| Current Price | 213.69600 |
| Next Low | 212.676 |
| 2nd Low | 211.583 |
| 3rd Low | 210.648 |
213.432 – 212.757 – 212.646 – 212.676 – 211.583 – 212.114 —
213.46700 – 213.76100 —
61.204178366665 – 65.948864066915 —
– —
213.43200 – 1769074200
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Double top retreat up – – – – – – – –