GBP/JPY – 30M – BUY

The currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the descending trendline up.

The bullish trend upwards to the next resistance at 214.998 is expected.

Caution: A possible trend reversal in the direction of the support line at 214.557 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The pair is likely to go up.

Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

214.998 – 214.934 – 214.859 – 214.557 – 213.863 – 214.324 —
214.95100 – 214.67900 —
55.89134469179 – 33.01274549628 —
– —
214.998 – 1781249400

Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –