The currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance line at 216.047 is expected.
Caution: A possible change in the direction of the support level at 214.883 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 216.047 |
| Current Price | 215.78900 |
| Next Low | 214.883 |
| 2nd Low | 214.592 |
| 3rd Low | 213.997 |
216.047 – 215.768 – 215.726 – 214.883 – 215.064 – 214.915 —
215.87100 – 215.80900 —
62.333181021538 – 55.719088361045 —
– —
216.047 – 1777302000
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –