Buy GBP/JPY – 4H – BUY

There is also a ‘Bullish Meeting Lines’ candle chart pattern is existing. The chart shows ‘Bullish Meeting Lines’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Meeting Lines’ heading up is 56% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 199.70900
2nd High 199.55300
Next High 198.94500
Current Price 196.85900
Next Low 194.05400
2nd Low 192.85100
3rd Low 190.59400

Download GBP/JPY Signal Image

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