GBP/JPY – 1H – BUYBesides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The pair is likely to go up.
Besides a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
Besides a ‘Bullish Belt Hold’ candlestick pattern is detected. The candles form ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 212.146 |
| Current Price | 211.27100 |
| Next Low | 210.502 |
| 2nd Low | 210.251 |
| 3rd Low | 210.038 |
212.146 – 211.437 – 211.093 – 210.502 – 210.251 – 210.42 —
211.71800 – 211.31000 —
54.790198168924 – 40.895611473853 —
– —
212.14600 – 1767664800
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Bullish Belt Hold – Double bottom chart pattern – – – – – – – –