Sell GBP/JPY – 30M – SELL

And also a ‘Evening Star’ candle pattern is found. The candles form ‘Evening Star’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Evening Star’ going down is 72% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 199.55300
2nd High 199.37100
Next High 198.94500
Current Price 197.35000
Next Low 196.59900
2nd Low 196.43900
3rd Low 196.31000

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