GBP/JPY – 1H – BUY

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.

And also a ‘Three Outside Up’ chart pattern is existing. The chart shows ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

209.324 – 209.544 – 210.511 – 208.039 – 207.551 – 207.628 —
208.68900 – 208.86500 —
46.086745184202 – 52.709969250918 —
– —
209.324 – 1770976800

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