The currency pair British Pound/Japanese Yen (GBP/JPY) jumps from the bullish trendline downwards
A descending movement downwards to the next support level at 214.302 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 215.23 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.
Besides a ‘StochOSC Bearish Divergence’ indicator signal is discovered. The indicator is ‘StochOSC Bearish Divergence’. this is usually a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 216.592 |
| 2nd High | 215.606 |
| Next High | 215.23 |
| Current Price | 215.29000 |
| Next Low | 214.302 |
| 2nd Low | 213.863 |
| 3rd Low | 213.49 |
214.998 – 214.934 – 214.859 – 214.302 – 214.557 – 213.863 —
215.35300 – 215.36800 —
63.889137568815 – 65.124444199031 —
– —
214.998 – 1781249400
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –