GBP/JPY – 4H – BUY

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.

Moreover a ‘%K crosses above %D’ indicator layout is discovered. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.

Moreover a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

207.194 – 206.852 – 204.063 – 205.19000 – 204.284 – 202.34 —
205.62400 – 205.96900 —
38.719676337813 – 50.08440759825 —
205.19000 – 1764604800 —
207.19400 – 1764288000

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji – Double bottom chart pattern – – – – – – – –