Buy GBP/JPY – 30M – BUY

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

Besides a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Current target is 215.368 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance line at 215.368 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 216.592
2nd High 215.606
Next High 215.368
Current Price 215.15800
Next Low 214.88200
2nd Low 214.302
3rd Low 213.863

215.368 – 214.998 – 214.934 – 214.88200 – 214.302 – 214.557 —
215.10600 – 215.04700 —
40.928447559702 – 42.997086117726 —
214.88200 – 1781523000 —
215.368 – 1781510400

Trading Signals:

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