Sell GBP/JPY – 30M – SELL

The currency pair British Pound/Japanese Yen (GBP/JPY) jumps from the bullish trendline downwards

A descending movement downwards to the next support level at 214.302 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 215.23 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

Besides a ‘StochOSC Bearish Divergence’ indicator signal is discovered. The indicator is ‘StochOSC Bearish Divergence’. this is usually a bearish chart signal. The currency pair could go down.

Support & Resistance Price Range*
3rd High 216.592
2nd High 215.606
Next High 215.23
Current Price 215.29000
Next Low 214.302
2nd Low 213.863
3rd Low 213.49

214.998 – 214.934 – 214.859 – 214.302 – 214.557 – 213.863 —
215.35300 – 215.36800 —
63.889137568815 – 65.124444199031 —
– —
214.998 – 1781249400

Trading Signals:

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