GBP/JPY – 30M – BUY

And also a ‘Falling Wedge Chart Pattern’ chart layout is existing. The chart picture shows ‘Falling Wedge Chart Pattern’. which is a bullish chart scenario. The pair is likely to go up.

The combination British Pound/Japanese Yen (GBP/JPY) breaks through the descending trendline up.

A bullish ascent up to the next resistance level at 195.32900 will continue.

Caution: A possible change in the direction of the support line at 194.01200 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.

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

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

195.32900 – 195.34300 – 196.84100 – 194.01200 – 194.33200 – 194.77200

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