GBP/JPY – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance line at 213.719 is expected.

Caution: A possible counter-trend in the direction of the support line at 211.973 could happen.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.

Moreover a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair could go up.

212.177 – 211.54 – 210.987 – 211.973 – 211.589 – 209.176 —
212.84900 – 212.68600 —
73.811986637757 – 62.852162250268 —
– —
212.177 – 1773093600

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