GBP/JPY

GBPJPYCurrencies

$213.57+0.25%

Rectangle Ascending Triangle Symmetrical Triangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$213.57

MARAPRMAY

Next Move for GBP/JPY

Will the Rectangle hold or fail? Plot your targets on the chart.

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Quick Actions

Trade Plan: Ascending Triangle

Risk/Reward

1:1.15

Entry

$216.59

Stop

$211.29

Target

$222.65

Chart Pattern

Rectangle

Sideways movement between parallel supports.

Ascending Triangle

Bullish continuation pattern.

Symmetrical Triangle

Consolidation. Can break either way.

Market Analysis

Traders are watching GBPJPY (GBP/JPY) as price action tightens. Currently at $213.57, the asset is showing upward momentum (0.25%). Price action has carved out a classic Ascending Triangle. The trend indicator is reading 0.3/100, suggesting moderate momentum. A potential breakout level is identified at $216.59, targeting $222.65 with support near $211.29 (R:R 1.15).

Community Sentiment

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