GBP/JPY – 30M – BUYBesides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.
Besides a ‘Bearish SBS White Lines’ candle chart pattern is discovered. The chart forms ‘Bearish SBS White Lines’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 216.592 |
| Current Price | 213.88800 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
216.592 – 216.271 – 215.838 – 210.44 – 215.479 – 215.037 —
212.99300 – 213.95600 —
42.872011309116 – 57.568877405451 —
– —
216.592 – 1777545000
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Bearish SBS White Lines – – – – – – – – –