GBP/JPY – 30M – BUY

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.

And also a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive chart scenario. 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

And also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

193.55200 – 193.58200 – 193.57700 – 192.06400 – 192.81300 – 191.89200

Download GBP/JPY Signal Image

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji