The pair British Pound/Japanese Yen (GBP/JPY) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at will continue.
Caution: A possible trend reversal in the direction of the support level at 211.279 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘StochRSI %K crosses above 0.2’ indicator layout is existing. The indicator shows ‘StochRSI %K crosses above 0.2’. which could be a positive signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 214.00100 |
| Next Low | 211.279 |
| 2nd Low | 210.038 |
| 3rd Low | 209.784 |
212.822 – 212.157 – 212.022 – 211.279 – 211.489 – 210.038 —
214.81800 – 214.07300 —
77.813660340681 – 47.472553458968 —
– —
212.822 – 1769990700
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –