The combination British Pound/Japanese Yen (GBP/JPY) goes from the bullish trendline downwards
A bearish movement downwards to the next support level at 0 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 204.13300 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
204.52 – 203.602 – 203.946 – 203.127 – 202.34 – 202.631 —
204.13400 – 204.27500 —
53.385073562531 – 58.556326675409 —
– —
204.52000 – 1763406000
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Double top chart pattern – – – –