GBP/JPY – 4H – BUY

The currency pair British Pound/Japanese Yen (GBP/JPY) goes from the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance at 214.999 is certain.

Caution: A possible trend reversal in the direction of the support level at 211.597 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.

There is also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

There is also a ‘Three Outside Up’ candlestick chart pattern is discovered. The chart forms ‘Three Outside Up’. 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 probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

214.999 – 214.847 – 213.487 – 211.597 – 210.038 – 209.606 —
213.28300 – 213.70900 —
52.930679182012 – 47.255638980159 —
– —
214.999 – 1770206400

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Outside Up – – – – – – – – –