Sell GBP/JPY – 30M – SELL

The combination British Pound/Japanese Yen (GBP/JPY) jumps from the ascending trendline downwards

A bearish descent down to the next support line at 214.663 is expected.

Caution: A possible change in the direction of resistance at 216.592 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.

Support & Resistance Price Range*
3rd High
2nd High
Next High 216.592
Current Price 215.11200
Next Low 214.663
2nd Low 214.161
3rd Low 213.579

214.995 – 214.872 – 214.212 – 214.663 – 214.161 – 214.271 —
215.28000 – 215.17000 —
72.08077408038 – 61.672037438661 —
– —
214.995 – 1780349400

Trading Signals:

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