Buy GBP/JPY – 1H – BUY

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

Furthermore a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

Furthermore a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 215.553
2nd High 214.056
Next High 213.565
Current Price 213.53500
Next Low 213.209
2nd Low 212.924
3rd Low 212.604

213.565 – 214.056 – 215.553 – 213.209 – 214.519 – 214.302 —
213.41900 – 213.27200 —
55.971728042564 – 49.478668782342 —
– —
213.565 – 1781820000

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