GBP/JPY – 30M – BUY

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

A continuation of the bullish trend up to the next resistance at 214.847 is likely expected.

Caution: A possible change in the direction of the support zone at 212.848 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three White Soldiers’ candle chart pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

213.459 – 212.857 – 212.822 – 212.848 – 211.78 – 211.279 —
213.42700 – 213.66500 —
61.1363111935 – 66.979506860135 —
– —
213.459 – 1770141600

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three White Soldiers – – – – – – – – –