GBP/JPY – 1H – SELL

The pair British Pound/Japanese Yen (GBP/JPY) jumps from the ascending trendline downwards

A bearish trend downwards to the next support at 205.19 is likely expected.

Caution: A possible change in the direction of the resistance level at 207.194 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.

There is also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

There is also a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

207.194 – 207.163 – 205.985 – 205.19 – 206.423 – 204.995 —
205.76800 – 206.24800 —
52.587555211028 – 63.116049219993 —
– —
207.19400 – 1764295200

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Black Crows – Inverse Head and Shoulder chart pattern – – – – – – – –