GBP/JPY – 1H – SELL

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

A descending movement downwards to the next support at 213.203 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 213.723 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair could go down.

And also a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair could go down.

And also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

213.723 – 213.5 – 214.204 – 213.203 – 212.841 – 212.532 —
213.63900 – 213.76100 —
58.844104724811 – 58.743387428542 —
– —
213.723 – 1782414000

Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Symmetrical Triangle Chart Pattern – – – – – – – –