GBP/JPY – 30M – BUY

The currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance level at 214.847 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 211.78 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

There is also a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

212.857 – 212.822 – 212.465 – 211.78 – 211.279 – 211.489 —
212.80900 – 212.89200 —
58.998842808409 – 58.882285751147 —
– —
212.85700 – 1770087600

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three White Soldiers – Double bottom chart pattern – – – – – – – –