GBP/JPY – 30M – BUY

The currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the ascending trendline up.

A continuation of the uptrend up to the next resistance line at is certain.

Caution: A possible reversal of the trend in the direction of support at 215.514 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘MACD crosses above signal’ indicator signal is found. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair could go up.

In addition a ‘RSI Hidden Bullish Divergence’ indicator signal is found. The indicator shows ‘RSI Hidden Bullish Divergence’. which is often a bullish chart scenario. The currency pair could go up.

In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

215.768 – 215.479 – 215.246 – 215.514 – 214.938 – 214.883 —
215.84100 – 215.86200 —
62.631191255287 – 54.343358776591 —
– —
215.768 – 1777073400

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