Buy GBP/JPY – 30M – BUY

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.

Then a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. 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).

Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Support & Resistance Price Range*
3rd High 193.70800
2nd High 193.58200
Next High 193.55200
Current Price 192.93600
Next Low 192.06400
2nd Low 191.89200
3rd Low 190.65700

193.55200 – 193.58200 – 193.57700 – 192.06400 – 192.81300 – 191.89200

Download GBP/JPY Signal Image

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