GBP/JPY – 1H – BUYIn addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair is likely to rise.
In addition a ‘Bullish Belt Hold’ candle pattern is detected. The candles show ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 213.719 |
| 2nd High | 212.112 |
| Next High | 211.376 |
| Current Price | 210.62900 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
211.376 – 210.822 – 212.112 – 209.039 – 209.995 – 208.129 —
210.16800 – 210.72400 —
35.053078422959 – 58.121066492909 —
– —
211.376 – 1772470800
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Bullish Belt Hold – – – – – – – – –