Sell GBP/JPY – 30M – SELL

And also a ‘Bearish SBS White Lines’ candlestick pattern is found. The candles show ‘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 chance of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

Support & Resistance Price Range*
3rd High 196.41700
2nd High 194.80200
Next High 194.78500
Current Price 194.32900
Next Low 193.85000
2nd Low 192.51300
3rd Low 192.44600

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