Buy GBP/JPY – 30M – BUY

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.

In addition a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 214.285
Next High 214.10300
Current Price 213.55500
Next Low
2nd Low
3rd Low

214.10300 – 214.285 – 213.006 – 213.486 – 212.663 – 211.52 —
214.10300 – 213.76200 —
63.177385888224 – 36.996002813735 —
214.10300 – 1768375800 —
– 1768375800

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