GBP/JPY – 30M – BUYThe pair British Pound/Japanese Yen (GBP/JPY) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance level at 206.852 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 205.296 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 206.852 |
| Current Price | 206.10900 |
| Next Low | 205.296 |
| 2nd Low | 204.995 |
| 3rd Low | 204.284 |
205.985 – 205.605 – 205.706 – 205.296 – 204.995 – 204.284 —
205.97500 – 206.18900 —
57.246279112856 – 61.586259891228 —
– —
205.98500 – 1764102600
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –