The currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the bearish trendline upwards
A bullish movement up to the next resistance level at 211.54000 is considered certain.
Caution: A possible change in the direction of the support zone at 210.253 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.
Also there is a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 211.54000 |
| Current Price | 210.99400 |
| Next Low | 210.253 |
| 2nd Low | 209.777 |
| 3rd Low | 209.176 |
211.54000 – 210.987 – 210.613 – 210.253 – 209.777 – 209.176 —
211.54000 – 210.82800 —
66.236273943157 – 44.367152905486 —
211.54000 – 1772838000 —
– 1772838000
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –