GBP/JPY – 1H – BUY

The pair British Pound/Japanese Yen (GBP/JPY) breaks through the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance line at 211.54 is certain.

Caution: A possible change in the direction of the support level at 209.176 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.

In addition a ‘Three White Soldiers’ candle pattern is discovered. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

211.54 – 210.987 – 210.613 – 209.176 – 209.481 – 209.213 —
211.49800 – 211.95400 —
58.473024002492 – 63.393231907368 —
– —
211.54 – 1772838000

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three White Soldiers – – – – – – – – –