GBP/JPY – 30M – SELL

The pair British Pound/Japanese Yen (GBP/JPY) goes from the bullish trendline down.

A bearish descent down to the next support at 214.30200 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 215.23 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.

214.998 – 214.934 – 214.859 – 214.30200 – 214.557 – 213.863 —
214.62200 – 215.34400 —
38.421305486729 – 63.889138521759 —
214.30200 – 1781483400 —
214.998 – 1781249400

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