GBP/JPY – 1H – BUY

The currency pair British Pound/Japanese Yen (GBP/JPY) jumps from the ascending trendline upwards

A continuation of the bullish trend up to the next resistance line at 210.559 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 209.481 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.

Next a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.

210.559 – 210.724 – 211.376 – 209.481 – 209.213 – 209.039 —
209.81300 – 209.85900 —
42.85788970375 – 40.014534900963 —
– —
210.559 – 1772629200

Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Rising Wedge Chart Pattern – – – – – – – –