The pair British Pound/Japanese Yen (GBP/JPY) goes from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 214.21800 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 211.938 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 213.326392 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 214.21800 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 216.592 |
| Next High | 214.21800 |
| Current Price | 212.72100 |
| Next Low | 211.938 |
| 2nd Low | 211.801 |
| 3rd Low | 210.44 |
214.21800 – 214.065 – 213.617 – 211.938 – 211.801 – 210.44 —
214.21800 – 212.56900 —
66.482027585372 – 40.188741874957 —
214.21800 – 1778047200 —
– 1778047200
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –