Buy GBP/JPY – 1H – BUY

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.

Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

Furthermore a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 206.852
Next High 205.98500
Current Price 205.69900
Next Low 204.995
2nd Low 204.284
3rd Low 203.975

205.98500 – 205.902 – 206.852 – 204.995 – 204.284 – 203.975 —
205.98500 – 205.97300 —
62.231841230728 – 49.770735795609 —
205.98500 – 1764100800 —
– 1764100800

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