GBP/JPY – 1H – BUY

In addition a ‘Double bottom chart pattern’ chart layout is existing. The chart shows ‘Double bottom chart pattern’. which is a positive pattern signal. The pair is likely to go up.

In addition a ‘MACD crosses above signal’ indicator signal is found. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair is likely to rise.

In addition a ‘RSI Hidden Bullish Divergence’ indicator signal is found. The indicator shows ‘RSI Hidden Bullish Divergence’. this is usually a bullish chart signal. The currency pair is likely to rise.

In addition a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

204.52 – 203.946 – 203.567 – 203.69 – 202.34 – 202.764 —
204.29500 – 204.33500 —
53.34256624303 – 51.055339658528 —
– —
204.52000 – 1763406000

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji – Double bottom chart pattern – – – –