GBP/JPY – 30M – BUY

And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 215.3045 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 215.726 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Outside Up’ candlestick chart pattern is detected. The chart shows ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

215.726 – 215.533 – 215.655 – 214.883 – 215.064 – 214.915 —
215.21200 – 215.09700 —
54.361636656999 – 42.448450735844 —
– —
215.726 – 1776947400

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