The pair British Pound/Japanese Yen (GBP/JPY) goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 213.709 will persist.
Caution: A possible change in the direction of support at 212.115 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 214.999 |
| 2nd High | 214.433 |
| Next High | 213.709 |
| Current Price | 212.46900 |
| Next Low | 212.115 |
| 2nd Low | 211.597 |
| 3rd Low | 211.279 |
213.709 – 214.433 – 214.999 – 212.115 – 211.597 – 213.673 —
213.56300 – 212.56600 —
54.507238504089 – 37.442982863089 —
– —
213.709 – 1770645600
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –