Sell GBP/JPY – 30M – SELL

There is also a ‘Bearish Harami’ candlestick pattern is existing. The candles form ‘Bearish Harami’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 199.55300
2nd High 199.37100
Next High 198.94500
Current Price 198.47900
Next Low 197.20500
2nd Low 197.01500
3rd Low 196.78300

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