GBP/JPY – 30M – BUYNext a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair could go up.
Next a ” indicator signal is detected. The indicator is ”. which is often a bullish chart signal. The currency pair could go up.
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Next a ‘%K crosses above %D’ indicator signal is detected. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair could go up.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 205.90284 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 207.194 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 207.194 |
| Current Price | 206.02900 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
207.194 – 207.19 – 207.163 – 206.605 – 206.488 – 206.423 —
206.81400 – 206.31400 —
55.373774199853 – 34.557156828802 —
– —
207.19400 – 1764297000
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Head and Shoulder chart pattern – – – – – – – –