GBP/JPY – 1H – SELLThe currency pair British Pound/Japanese Yen (GBP/JPY) goes from the ascending trendline downwards
A bearish trend downwards to the next support level at 0 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘%K crosses above %D’ indicator signal is detected. The indicator is ‘%K crosses above %D’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 206.34000 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
207.194 – 207.163 – 205.985 – 206.423 – 204.995 – 204.284 —
206.98000 – 206.58300 —
51.974160354901 – 35.503312440155 —
– —
207.19400 – 1764295200
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Head and Shoulder chart pattern – – – – – – – –