GBP/JPY – 30M – BUY

The pair British Pound/Japanese Yen (GBP/JPY) breaks through the descending trendline up.

A bullish movement up to the next resistance level at 210.613 is certain.

Caution: A possible trend reversal in the direction of the support line at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.

There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The pair is likely to go up.

There is also a ‘StochRSI Hidden Bullish Divergence’ indicator signal is detected. The indicator shows ‘StochRSI Hidden Bullish Divergence’. which could be a positive signal. The pair is likely to go up.

210.613 – 210.559 – 210.724 – 209.777 – 209.176 – 209.479 —
210.87800 – 210.59800 —
68.308946462737 – 41.353716062166 —
– —
210.613 – 1772726400

Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –