GBP/JPY – 30M – BUY

The combination British Pound/Japanese Yen (GBP/JPY) goes from the ascending trendline up.

A continuation of the upward movement upwards to the next resistance at 211.323 will continue.

Caution: A possible change in the direction of the support zone at 210.502 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair could go up.

In addition a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.

In addition a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

211.323 – 211.436 – 211.437 – 210.502 – 210.754 – 210.74 —
210.95700 – 210.89000 —
50.257646059292 – 43.363485861397 —
– —
211.32300 – 1767580200

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