GBP/JPY – 30M – BUYIn addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.
In addition a ‘Bullish Engulfing’ candle chart pattern is existing. The candles form ‘Bullish Engulfing’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 214.999 |
| Next High | 214.322 |
| Current Price | 213.54400 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
214.322 – 214.999 – 213.459 – 213.468 – 213.673 – 212.848 —
213.79900 – 213.61100 —
43.058308328694 – 37.863410360899 —
– —
214.322 – 1770242400
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Bullish Engulfing – – – – – – – – –