The combination British Pound/Japanese Yen (GBP/JPY) breaks through the descending trendline upwards
A bullish movement up to the next resistance level at 212.022 is certain.
Caution: A possible counter-trend in the direction of the support line at 211.321 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 214.847 |
| Next High | 212.022 |
| Current Price | 211.68600 |
| Next Low | 211.321 |
| 2nd Low | 210.063 |
| 3rd Low | 209.784 |
212.022 – 211.215 – 211.751 – 211.321 – 210.063 – 210.064 —
211.82400 – 211.79000 —
60.314578678587 – 54.994499665749 —
– —
212.02200 – 1769634000
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –