Sell GBP/JPY – 30M – SELL

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘Bearish Engulfing’ candlestick pattern is existing. The candles show ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 215.899
Current Price 215.47800
Next Low
2nd Low
3rd Low

215.899 – 215.778 – 215.781 – 215.187 – 215.322 – 214.902 —
215.78600 – 215.54700 —
53.985442689368 – 44.318685981626 —
– —
215.899 – 1776285000

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