GBP/JPY – 30M – SELL

The pair British Pound/Japanese Yen (GBP/JPY) jumps from the bearish trendline downwards

A continuation of the bearish trend down to the next support at 211.572 will continue.

Caution: A possible change in the direction of the resistance level at 212.999 should be noted.
Consider stop-loss settings accordingly.

Next a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair is likely to rise.

212.999 – 213.092 – 213.303 – 212.223 – 212.585 – 212.696 —
212.12500 – 212.06600 —
30.309257205057 – 40.272773446799 —
– —
212.999 – 1774638000

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