The pair British Pound/Japanese Yen (GBP/JPY) moves from the ascending trendline downwards
The bearish trend downwards to the next support line at will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 211.437 is also possible.
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 discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 211.587 |
| 2nd High | 211.501 |
| Next High | 211.437 |
| Current Price | 210.79200 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
211.437 – 211.093 – 211.501 – 210.251 – 210.42 – 210.429 —
211.11000 – 210.95700 —
49.982467394866 – 48.753528715422 —
– —
211.43700 – 1767340800
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Double bottom retreat down – – – – – – – –