GBP/JPY – 30M – SELL

The pair British Pound/Japanese Yen (GBP/JPY) goes from the ascending trendline down.

A descent down to the next support at 210.314 will continue.

Caution: A possible counter-trend in the direction of resistance at 211.38 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

211.38 – 211.305 – 211.201 – 210.314 – 210.334 – 209.704 —
211.21700 – 211.36200 —
61.335937295595 – 60.733348404834 —
– —
211.38 – 1775471400

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