GBP/JPY – 30M – BUY

The combination British Pound/Japanese Yen (GBP/JPY) jumps from the ascending trendline upwards

A continuation of the upward movement up to the next resistance line at 204.737 is expected.

Caution: A possible counter-trend in the direction of support at 203.975 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.

There is also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

204.737 – 204.293 – 204.52 – 203.975 – 203.883 – 203.69 —
204.16500 – 204.47400 —
43.489222044863 – 48.444855413801 —
– —
204.73700 – 1763497800

Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Double bottom chart pattern – – – –