Buy GBP/JPY – 30M – BUY

In addition a ‘Three White Soldiers’ candlestick pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 198.19200
2nd High 197.53900
Next High 196.01100
Current Price 194.74500
Next Low 193.47200
2nd Low 192.85100
3rd Low 192.51300

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