GBP/JPY – 1H – BUY

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.

Moreover a ‘Three Outside Up’ candle pattern is found. The candles form ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

215.687 – 215.899 – 215.781 – 213.997 – 215.153 – 215.117 —
214.86700 – 214.91200 —
54.204658855876 – 52.44778069165 —
– —
215.687 – 1776412800

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Outside Up – – – – – – – – –