The combination British Pound/Japanese Yen (GBP/JPY) goes from the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 210.559 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 209.481 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘MACD crosses above signal’ indicator signal is found. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair could go up.
In addition a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 211.376 |
| 2nd High | 210.724 |
| Next High | 210.559 |
| Current Price | 209.87300 |
| Next Low | 209.481 |
| 2nd Low | 209.213 |
| 3rd Low | 209.039 |
210.559 – 210.724 – 211.376 – 209.481 – 209.213 – 209.039 —
209.85900 – 209.80900 —
40.01453473867 – 49.837518522573 —
– —
210.559 – 1772629200
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –