The currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the descending trendline up.
An ascending movement upwards to the next resistance level at 212.999 will continue.
Caution: A possible trend reversal in the direction of the support line at 212.223 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 213.303 |
| 2nd High | 213.092 |
| Next High | 212.999 |
| Current Price | 212.50900 |
| Next Low | 212.223 |
| 2nd Low | 211.572 |
| 3rd Low | 210.791 |
212.999 – 213.092 – 213.303 – 212.223 – 212.585 – 212.696 —
212.77500 – 212.69900 —
48.910023516446 – 47.024635293168 —
– —
212.999 – 1774638000
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –