GBP/JPY – 30M – SELL

The pair British Pound/Japanese Yen (GBP/JPY) goes from the bearish trendline downwards

A continuation of the downtrend downwards to the next support at 208.076 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 209.532 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

209.532 – 209.207 – 208.307 – 208.076 – 207.612 – 207.227 —
208.65300 – 208.93900 —
49.64119594263 – 58.184742128877 —
– —
209.532 – 1771493400

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