The currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 212.177 is likely expected.
Caution: A possible change in the direction of the support level at should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 213.719 |
| 2nd High | 212.781 |
| Next High | 212.177 |
| Current Price | 211.77500 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
212.177 – 211.54 – 210.987 – 210.601 – 210.253 – 209.777 —
211.95900 – 211.82500 —
57.430355283467 – 49.24886663501 —
– —
212.177 – 1773093600
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –