Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 215.725104 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 215.407 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 216.592 |
| 2nd High | 216.064 |
| Next High | 215.407 |
| Current Price | 215.39700 |
| Next Low | 214.795 |
| 2nd Low | 214.628 |
| 3rd Low | 214.202 |
215.407 – 216.064 – 215.934 – 214.795 – 214.628 – 214.648 —
215.26600 – 215.42700 —
51.396832926936 – 55.987079353849 —
– —
215.407 – 1783015200
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –