GBP/JPY – 30M – BUYBesides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.
Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.
Besides a ‘Bearish Engulfing’ chart pattern is detected. The chart forms ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 214.039 |
| 2nd High | 213.649 |
| Next High | 213.617 |
| Current Price | 212.90400 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
213.617 – 213.649 – 214.039 – 212.54600 – 211.771 – 211.801 —
212.86500 – 212.98700 —
40.555257146699 – 47.828440685868 —
212.54600 – 1777899600 —
213.617 – 1777874400
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Bearish Engulfing – – – – – – – – –