GBP/JPY – 1H – BUYThe pair British Pound/Japanese Yen (GBP/JPY) breaks through the descending trendline up.
A bullish movement up to the next resistance line at 214.847 is expected.
Caution: A possible reversal of the trend in the direction of support at 211.583 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ” indicator layout is discovered. The indicator shows ”. this is usually a bullish signal. The currency pair could go up.
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In addition a ‘%K crosses above %D’ indicator layout is discovered. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 214.847 |
| Current Price | 210.43100 |
| Next Low | 211.583 |
| 2nd Low | 210.648 |
| 3rd Low | 210.296 |
214.847 – 212.757 – 213.487 – 211.583 – 212.114 – 211.838 —
210.83300 – 210.35100 —
28.559162895722 – 25.687583918847 —
– —
214.84700 – 1769158800
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –