GBP/JPY – 30M – BUYThe combination 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 210.613 is expected.
Caution: A possible counter-trend in the direction of the support level at 209.777 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 211.351 |
| 2nd High | 210.724 |
| Next High | 210.613 |
| Current Price | 210.47700 |
| Next Low | 209.777 |
| 2nd Low | 209.176 |
| 3rd Low | 209.039 |
210.613 – 210.559 – 210.724 – 209.777 – 209.176 – 209.479 —
210.46400 – 210.39500 —
57.7358781463 – 53.95366427499 —
– —
210.613 – 1772726400
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –