Sell GBP/JPY – 30M – SELL

Moreover a ‘Bearish Harami’ candlestick chart pattern is discovered. The candles form ‘Bearish Harami’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 199.37100
2nd High 198.94600
Next High 197.51500
Current Price 194.96000
Next Low 194.18900
2nd Low 194.05400
3rd Low 193.82700

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