GBP/JPY – 30M – BUY

The pair British Pound/Japanese Yen (GBP/JPY) moves from the descending trendline upwards

A bullish trend upwards to the next resistance at 213.719 is expected.

Caution: A possible change in the direction of the support level at 212.115 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘RSI Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘RSI Hidden Bullish Divergence’. chart scenario.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 213.015 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 213.719 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

213.719 – 213.709 – 214.433 – 212.115 – 212.552 – 212.596 —
213.37600 – 212.44300 —
43.950492965668 – 28.07628780102 —
– —
213.719 – 1770690600

Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –