GBP/JPY – 30M – BUY

The combination British Pound/Japanese Yen (GBP/JPY) breaks through the descending trendline up.

A bullish trend up to the next resistance at 214.998 will persist.

Caution: A possible change in the direction of the support level at 213.863 could occur.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.

Besides a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair could go up.

Besides a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

214.998 – 214.934 – 214.859 – 213.863 – 214.324 – 214.306 —
214.83500 – 214.89800 —
46.500420217063 – 48.412327721078 —
– —
214.998 – 1781249400

Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Symmetrical Triangle Chart Pattern – – – – – – – –