Buy GBP/JPY – 1H – BUY

The pair British Pound/Japanese Yen (GBP/JPY) goes from the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance level at 214.21800 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 211.938 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 213.326392 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 214.21800 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High
2nd High 216.592
Next High 214.21800
Current Price 212.72100
Next Low 211.938
2nd Low 211.801
3rd Low 210.44

214.21800 – 214.065 – 213.617 – 211.938 – 211.801 – 210.44 —
214.21800 – 212.56900 —
66.482027585372 – 40.188741874957 —
214.21800 – 1778047200 —
– 1778047200

Trading Signals:

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