GBP/JPY – 1H – BUYAlso there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The pair is likely to go down.
Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish 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 | 189.82100 |
| 2nd High | 189.55200 |
| Next High | 189.53800 |
| Current Price | 188.74800 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
189.53800 – 189.55200 – 189.19900 – 186.57400 – 186.02000 – 184.37000
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji