GBP/JPY – 1H – BUY

The pair British Pound/Japanese Yen (GBP/JPY) breaks through the bearish trendline upwards

The bullish trend up to the next resistance line at 214.065 is considered certain.

Caution: A possible trend reversal in the direction of support at 211.938 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 213.516 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 214.065 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

214.065 – 213.617 – 214.039 – 211.938 – 211.801 – 210.44 —
213.85200 – 214.07000 —
62.764652170974 – 24.413617472263 —
– —
214.065 – 1778004000

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