GBP/JPY – 30M – BUY

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

The bullish trend up to the next resistance at 212.157 will continue.

Caution: A possible trend reversal in the direction of the support level at 210.038 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.

There is also a ‘Three White Soldiers’ candlestick pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

212.157 – 212.022 – 211.215 – 210.038 – 211.321 – 210.063 —
211.91000 – 211.89100 —
57.126849642675 – 58.975362028081 —
– —
212.15700 – 1769680800

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three White Soldiers – – – – – – – – –