GBP/JPY – 30M – SELLBesides a ‘Head and Shoulder chart pattern’ chart formation is detected. The formation shows ‘Head and Shoulder chart pattern’. which is a bearish signal. The currency pair is likely to go down.
The pair British Pound/Japanese Yen (GBP/JPY) goes from the bullish trendline downwards
A descending movement downwards to the next support level at 0 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 211.04000 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
211.414 – 211.75 – 211.738 – 211.016 – 211.278 – 211.306 —
211.18700 – 211.09200 —
42.71455550485 – 43.845128459404 —
– —
211.41400 – 1767790800
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Head and Shoulder chart pattern – – – – – – – –