The pair British Pound/Japanese Yen (GBP/JPY) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 213.299 is certain.
Caution: A possible reversal of the trend in the direction of the support level at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair could go up.
Furthermore a ‘StochOSC Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘StochOSC Hidden Bullish Divergence’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 214.999 |
| 2nd High | 214.433 |
| Next High | 213.299 |
| Current Price | 211.88500 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
213.299 – 211.376 – 212.112 – 209.176 – 209.039 – 208.129 —
212.86600 – 211.47700 —
60.106724633909 – 39.231032471589 —
– —
213.299 – 1773259200
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –