GBP/JPY – 30M – BUY

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

A continuation of the bullish trend upwards to the next resistance level at 213.723 will continue.

Caution: A possible reversal of the trend in the direction of the support line at 213.203 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.

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

Moreover a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘RSI Hidden Bullish Divergence’. which is often a bullish chart scenario. The currency pair could go up.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

213.598 – 213.723 – 213.091 – 213.203 – 213.328 – 212.841 —
213.74700 – 213.72900 —
61.58925339191 – 44.450092912909 —
– —
213.598 – 1782448200

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