Buy GBP/JPY – 1H – BUY

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.

Then a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

Then a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 207.194
Next High 206.248
Current Price 205.95600
Next Low 205.19
2nd Low 204.995
3rd Low 204.284

206.248 – 207.194 – 207.163 – 205.19 – 206.423 – 204.995 —
206.18700 – 205.93600 —
48.568872555315 – 50.552457998387 —
– —
206.24800 – 1764673200

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