GBP/JPY – 30M – SELL

The combination British Pound/Japanese Yen (GBP/JPY) goes from the bullish trendline downwards

A bearish descent downwards to the next support at 208.38 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 209.532 could occur.
Consider stop-loss settings accordingly.

Then a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

208.939 – 209.532 – 209.207 – 208.38 – 208.076 – 207.612 —
209.34300 – 209.21900 —
64.007681381878 – 53.995584493747 —
– —
208.939 – 1771551000

Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Rising Wedge Chart Pattern – – – – – – – –