GBP/JPY – 4H – BUY

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

A continuation of the uptrend up to the next resistance at 213.299 will persist.

Caution: A possible change in the direction of the support level at 210.8 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.

Besides a ‘RSI Bullish Divergence’ indicator signal is detected. The indicator shows ‘RSI Bullish Divergence’. this is usually a bullish chart signal. The currency pair is likely to rise.

Besides a ‘StochOSC Hidden Bullish Divergence’ indicator signal is detected. The indicator shows ‘StochOSC Hidden Bullish Divergence’. this is usually a bullish chart signal. The currency pair is likely to rise.

Besides a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.

Besides a ‘Three Outside Up’ chart pattern is discovered. The chart shows ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

213.299 – 211.376 – 212.112 – 210.8 – 209.176 – 209.039 —
212.48900 – 211.90200 —
57.334401477669 – 41.828275854758 —
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213.299 – 1773259200

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Outside Up – – – – – – – – –