GBP/JPY – 1H – BUY

The pair British Pound/Japanese Yen (GBP/JPY) breaks through the bearish trendline upwards

An ascending movement upwards to the next resistance at 212.146 will continue.

Caution: A possible counter-trend in the direction of the support line at 210.502 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.

212.146 – 211.437 – 211.093 – 210.502 – 210.251 – 210.42 —
211.53500 – 211.57000 —
43.944113624579 – 45.095362549646 —
– —
212.14600 – 1767664800

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