GBP/JPY – 30M – BUY

The pair British Pound/Japanese Yen (GBP/JPY) breaks through the descending trendline upwards

A bullish ascent up to the next resistance line at 215.533 is certain.

Caution: A possible reversal of the trend in the direction of support at should be noted.
Consider stop-loss settings accordingly.

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

Then a ‘Rising Window’ candle chart pattern is existing. The chart shows ‘Rising Window’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Rising Window’ heading up is 75% (Bull Market) & 72% (Bear Market).

215.533 – 215.655 – 215.363 – 215.064 – 214.915 – 215.014 —
215.19900 – 215.37000 —
41.561947237097 – 51.195700572079 —
– —
215.533 – 1776888000

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Rising Window – – – – – – – – –