Buy GBP/JPY – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 213.298 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 214.189 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three White Soldiers’ chart pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 214.999
2nd High 214.322
Next High 214.189
Current Price 212.43800
Next Low 211.597
2nd Low 211.279
3rd Low 210.038

214.189 – 214.322 – 214.999 – 211.597 – 211.779 – 213.468 —
212.07800 – 212.36100 —
25.775010973592 – 45.341914139098 —
– —
214.189 – 1770285600

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