GBP/JPY – 30M – BUY

The combination British Pound/Japanese Yen (GBP/JPY) breaks through the ascending trendline up.

A continuation of the upward movement up to the next resistance at 212.177 is considered certain.

Caution: A possible change in the direction of the support level at could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The pair is likely to go up.

212.177 – 211.54 – 210.987 – 211.58900 – 210.601 – 210.253 —
211.78500 – 211.89000 —
46.057273759071 – 47.139382646544 —
211.58900 – 1773117000 —
212.177 – 1773093600

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