The currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the bearish trendline up.
An ascent upwards to the next resistance at 214.999 is considered certain.
Caution: A possible change in the direction of the support level at 211.279 should be noted.
Consider stop-loss settings accordingly.
Besides a ” indicator layout is discovered. The indicator shows ”. which could be a positive signal. The pair is likely to go up.
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Besides a ‘StochRSI %K crosses above 0.2’ indicator layout is discovered. The indicator shows ‘StochRSI %K crosses above 0.2’. which could be a positive signal. The pair is likely to go up.
Besides a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 214.999 |
| Current Price | 212.60800 |
| Next Low | 211.279 |
| 2nd Low | 210.038 |
| 3rd Low | 209.784 |
214.999 – 212.822 – 212.157 – 213.673 – 211.279 – 211.489 —
214.17100 – 212.90500 —
50.78765607918 – 28.62240015012 —
– —
214.999 – 1770213600
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –