The combination British Pound/Japanese Yen (GBP/JPY) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance line at 215.447 will continue.
Caution: A possible trend reversal in the direction of support at 214.706 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 216.592 |
| 2nd High | 216.064 |
| Next High | 215.447 |
| Current Price | 215.46700 |
| Next Low | 214.706 |
| 2nd Low | 214.628 |
| 3rd Low | 214.202 |
215.447 – 215.407 – 216.064 – 214.706 – 214.795 – 214.628 —
215.26300 – 215.45800 —
52.428295710251 – 59.320655093799 —
– —
215.447 – 1783056600
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –