GBP/JPY – 30M – SELL

The pair British Pound/Japanese Yen (GBP/JPY) moves from the bullish trendline downwards

A descending movement downwards to the next support level at 205.296 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 206.042 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘%K crosses below %D’ indicator layout is found. The indicator shows ‘%K crosses below %D’. which could be a negative signal. The currency pair is likely to fall.

205.985 – 205.605 – 205.706 – 205.296 – 204.995 – 204.284 —
205.91200 – 206.25100 —
54.277641459322 – 64.268215534368 —
– —
205.98500 – 1764102600

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