GBP/JPY – 1H – SELL

The currency pair British Pound/Japanese Yen (GBP/JPY) goes from the ascending trendline down.

A bearish movement down to the next support line at 210.502 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 212.146 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

212.146 – 211.437 – 211.093 – 210.502 – 210.251 – 210.42 —
212.00800 – 211.62400 —
60.384378089857 – 48.021418085785 —
– —
212.14600 – 1767664800

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