The combination British Pound/Japanese Yen (GBP/JPY) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance at 213.719 will persist.
Caution: A possible counter-trend in the direction of support at 212.36 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 214.999 |
| 2nd High | 214.433 |
| Next High | 213.719 |
| Current Price | 213.19400 |
| Next Low | 212.36 |
| 2nd Low | 211.973 |
| 3rd Low | 211.589 |
212.883 – 212.409 – 212.177 – 212.36 – 211.973 – 211.589 —
212.97700 – 213.18900 —
62.232629491328 – 58.37456308214 —
– —
212.883 – 1773212400
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –