GBP/JPY – 30M – BUY

The pair British Pound/Japanese Yen (GBP/JPY) jumps from the descending trendline up.

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

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

In addition a ‘RSI Bullish Divergence’ indicator signal is found. The indicator shows ‘RSI Bullish Divergence’. chart scenario.

In addition a ‘Three White Soldiers’ chart pattern is found. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

213.719 – 213.709 – 214.433 – 212.115 – 212.552 – 212.596 —
212.77300 – 212.51800 —
34.171747775676 – 37.179021906925 —
– —
213.719 – 1770690600

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three White Soldiers – Double top retreat up – – – – – – – –