GBP/JPY – 1H – SELL

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair could go up.

Additionally a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Additionally a ‘Bullish Engulfing’ candlestick chart pattern is detected. The chart shows ‘Bullish Engulfing’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.

213.5 – 214.204 – 214.673 – 212.532 – 212.972 – 212.584 —
213.03600 – 213.24400 —
44.866206085131 – 56.342032340165 —
– —
213.5 – 1782291600

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Bullish Engulfing – Symmetrical Triangle Chart Pattern – – – – – – – –