GBP/JPY – 4H – BUY

The combination British Pound/Japanese Yen (GBP/JPY) jumps from the ascending trendline up.

A continuation of the uptrend up to the next resistance line at 213.299 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.

213.299 – 211.376 – 212.112 – 209.176 – 209.039 – 208.129 —
212.73800 – 211.50800 —
58.63434134789 – 37.882871569691 —
– —
213.299 – 1773259200

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