The pair British Pound/Japanese Yen (GBP/JPY) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 213.863 is considered certain.
Caution: A possible change in the direction of the resistance line at 214.998 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 215.606 |
| 2nd High | 215.23 |
| Next High | 214.998 |
| Current Price | 214.56100 |
| Next Low | 213.863 |
| 2nd Low | 213.49 |
| 3rd Low | 212.924 |
214.998 – 214.934 – 214.859 – 213.863 – 214.324 – 214.306 —
214.80300 – 214.85100 —
49.808341209148 – 54.148034795316 —
– —
214.998 – 1781249400
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –