GBP/JPY – 30M – SELL

The currency pair British Pound/Japanese Yen (GBP/JPY) goes from the bearish trendline down.

A continuation of the downward movement down to the next support line at is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 214.715 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.

Next a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

214.715 – 215.687 – 215.635 – 214.048 – 213.997 – 215.153 —
214.58300 – 214.75400 —
50.671962633829 – 55.112889027115 —
– —
214.715 – 1776654000

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