GBP/JPY – 30M – BUY

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

A bullish movement upwards to the next resistance level at 212.157 is certain.

Caution: A possible counter-trend in the direction of the support level at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 212.157 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 212.157 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

212.157 – 212.022 – 211.215 – 210.038 – 211.321 – 210.063 —
212.45500 – 211.76800 —
66.791257733971 – 43.180747652395 —
– —
212.15700 – 1769680800

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