GBP/JPY – 1H – SELL

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.

And also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Bearish Engulfing’ candle pattern is existing. The candles form ‘Bearish Engulfing’. this 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 chance of ‘Bearish Engulfing’ going down is 79%.

215.553 – 215.368 – 214.998 – 214.519 – 214.302 – 213.863 —
215.28100 – 214.94300 —
50.90154522257 – 34.682588302451 —
– —
215.553 – 1781632800

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Bearish Engulfing – – – – – – – – –