GBP/JPY – 30M – SELL

The combination British Pound/Japanese Yen (GBP/JPY) goes from the bullish trendline downwards

The bearish trend down to the next support level at 209.777 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 210.724 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

210.613 – 210.559 – 210.724 – 209.777 – 209.176 – 209.479 —
210.84400 – 210.78400 —
69.361207023587 – 57.846167132224 —
– —
210.613 – 1772726400

Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Symmetrical Triangle Chart Pattern – – – – – – – –