GBP/JPY – 4H – SELL

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

A bearish trend downwards to the next support level at 213.32 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 216.592 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair could go down.

214.674 – 213.543 – 213.702 – 213.32 – 211.197 – 212.148 —
215.31300 – 215.02300 —
67.449338770401 – 52.629561371011 —
– —
214.674 – 1779796800

Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Rising Wedge Chart Pattern – – – – – – – –