The currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance at 211.433 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 210.334 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.
Additionally a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 212.999 |
| 2nd High | 212.106 |
| Next High | 211.433 |
| Current Price | 211.27000 |
| Next Low | 210.334 |
| 2nd Low | 209.704 |
| 3rd Low | 209.623 |
211.201 – 211.433 – 211.199 – 210.334 – 209.704 – 209.623 —
211.10500 – 211.29700 —
52.902115173988 – 60.236816734476 —
– —
211.201 – 1775160000
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –