Also there is a ‘Double top retreat up’ chart formation is found. The chart shows ‘Double top retreat up’. which is a bullish chart scenario. The currency pair is likely to rise.
The pair British Pound/Japanese Yen (GBP/JPY) moves from the bullish trendline down.
The bearish trend downwards to the next support line at 0 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ” indicator signal is found. The indicator is ”. this is usually a bullish chart signal. The pair is likely to go up.
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Also there is a ‘%K cross above 0.2’ indicator signal is found. The indicator is ‘%K cross above 0.2’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 211.51600 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
212.067 – 212.291 – 213.305 – 211.478 – 211.991 – 212.57 —
212.00400 – 211.65700 —
48.579471838835 – 29.746741870086 —
– —
212.06700 – 1768566600
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Double top retreat up – – – – – – – –