Buy GBP/JPY – 1H – BUY

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair could go up.

Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 206.852
Current Price 205.29900
Next Low
2nd Low
3rd Low

206.852 – 205.364 – 204.737 – 204.284 – 203.975 – 203.69 —
205.13200 – 205.18400 —
44.215568818868 – 49.113262213754 —
– —
206.85200 – 1763654400

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