The pair British Pound/Japanese Yen (GBP/JPY) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 214.297 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 213.444 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 216.592 |
| 2nd High | 214.417 |
| Next High | 214.297 |
| Current Price | 214.60800 |
| Next Low | 213.444 |
| 2nd Low | 213.434 |
| 3rd Low | 213.277 |
214.297 – 214.033 – 213.705 – 213.444 – 213.434 – 213.277 —
214.60400 – 214.54900 —
71.876257920061 – 63.774446755661 —
– —
214.297 – 1779676200
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –