Buy GBP/JPY – 30M – BUY

Then a ‘Bullish Engulfing’ candlestick pattern is existing. The chart forms ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.

Support & Resistance Price Range*
3rd High 199.55300
2nd High 199.37100
Next High 198.94500
Current Price 198.36700
Next Low 197.20500
2nd Low 197.01500
3rd Low 196.78300

Download GBP/JPY Signal Image

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