Buy GBP/JPY – 1H – BUY

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 195.96900
2nd High 195.76700
Next High 193.74200
Current Price 192.50700
Next Low
2nd Low
3rd Low

193.74200 – 191.25400 – 191.33900 – 189.97500 – 190.39200 – 190.52500

Download GBP/JPY Signal Image

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