The pair British Pound/Japanese Yen (GBP/JPY) breaks through the descending trendline up.
An ascent up to the next resistance at 215.447 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 216.592 |
| 2nd High | 216.064 |
| Next High | 215.447 |
| Current Price | 215.29600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
215.447 – 215.407 – 216.064 – 214.706 – 214.795 – 214.628 —
215.14900 – 215.32200 —
46.525910991341 – 55.207626389168 —
– —
215.447 – 1783056600
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – – – – – – – – –