GBP/JPY – 30M – BUY

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.

In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

In addition a ‘Last Engulfing Bottom:’ candle pattern is existing. The chart shows ‘Last Engulfing Bottom:’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Bottom:’ heading down is 65% (Bull Market) & 67% (Bear Market).

213.115 – 212.729 – 212.767 – 212.393 – 212.267 – 210.758 —
213.01700 – 212.85000 —
59.073102527378 – 44.406348074185 —
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213.115 – 1778158800

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Last Engulfing Bottom: – – – – – – – – –