GBP/JPY – 30M – BUY

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

The bullish trend up to the next resistance line at 213.551 is certain.

Caution: A possible counter-trend in the direction of the support line at 212.584 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

213.551 – 213.52 – 213.565 – 212.584 – 213.117 – 212.454 —
213.24100 – 213.59700 —
49.297593844257 – 59.431824854758 —
– —
213.551 – 1781901000

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