GBP/JPY – 30M – BUY

The pair British Pound/Japanese Yen (GBP/JPY) breaks through the ascending trendline upwards

A continuation of the upward movement upwards to the next resistance level at 215.553 is expected.

Caution: A possible change in the direction of the support level at 215.248 should be noted.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.

Furthermore a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

215.553 – 215.24 – 215.368 – 215.248 – 214.519 – 214.882 —
215.39700 – 215.27400 —
49.626554787169 – 44.910706402876 —
– —
215.553 – 1781634600

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