GBP/JPY – 1H – SELL

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Also there is a ‘Bearish SBS White Lines’ candle pattern is existing. The candles form ‘Bearish SBS White Lines’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

214.218 – 214.065 – 213.617 – 212.267 – 210.758 – 211.938 —
212.64900 – 213.04500 —
47.133830580708 – 53.831141519857 —
– —
214.218 – 1778047200

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Bearish SBS White Lines – Symmetrical Triangle Chart Pattern – – – – – – – –