Sell GBP/JPY – 30M – SELL

There is also a ‘Bearish Harami’ chart pattern is found. The candles form ‘Bearish Harami’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

There is also a ‘Double top chart pattern’ chart layout is existing. The chart forms ‘Double top chart pattern’. this is a bearish signal. The currency pair is likely to go down.

Support & Resistance Price Range*
3rd High 189.02600
2nd High 188.84300
Next High 188.76800
Current Price 187.82100
Next Low 187.45700
2nd Low 186.57400
3rd Low 186.02000

188.76800 – 188.84300 – 189.02600 – 188.02300 – 187.99600 – 188.73400

Download GBP/JPY Signal Image

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