GBP/JPY – 30M – BUYThe pair British Pound/Japanese Yen (GBP/JPY) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance line at 215.407 will persist.
Caution: A possible change in the direction of the support level at 214.79500 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 216.592 |
| 2nd High | 216.064 |
| Next High | 215.407 |
| Current Price | 215.33900 |
| Next Low | 214.79500 |
| 2nd Low | 214.628 |
| 3rd Low |
215.407 – 216.064 – 215.934 – 214.79500 – 214.628 – 214.648 —
214.96800 – 215.32900 —
39.453369471332 – 49.45022623824 —
214.79500 – 1783036800 —
215.407 – 1783015200
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –