GBP/JPY – 30M – BUY

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.

Moreover a ‘Bearish Belt Hold’ chart pattern is found. The candles form ‘Bearish Belt Hold’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

213.709 – 214.433 – 214.189 – 212.115 – 212.552 – 212.596 —
213.65400 – 213.37600 —
50.458255162861 – 43.950492746458 —
– —
213.709 – 1770647400

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Bearish Belt Hold – Inverse Head and Shoulder chart pattern – – – – – – – –