Buy GBP/JPY – 30M – BUY

The combination British Pound/Japanese Yen (GBP/JPY) breaks through the descending trendline upwards

An ascent up to the next resistance level at 215.447 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.

Support & Resistance Price Range*
3rd High 216.592
2nd High 216.064
Next High 215.447
Current Price 215.23200
Next Low
2nd Low
3rd Low

215.447 – 215.407 – 216.064 – 214.706 – 214.795 – 214.628 —
215.17100 – 215.25200 —
40.952217878161 – 52.797358468484 —
– —
215.447 – 1783056600

Trading Signals:

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