The pair British Pound/Japanese Yen (GBP/JPY) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance line at 210.61300 is likely expected.
Caution: A possible change in the direction of support at could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 211.376 |
| 2nd High | 210.724 |
| Next High | 210.61300 |
| Current Price | 210.43700 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
210.61300 – 210.559 – 210.724 – 209.176 – 209.481 – 209.213 —
210.61300 – 210.47100 —
55.788559346218 – 58.355413180446 —
210.61300 – 1772726400 —
– 1772726400
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –