Buy GBP/JPY – 4H – BUY

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.

Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.

Moreover a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 214.999
2nd High 214.433
Next High 213.299
Current Price 212.08200
Next Low 209.176
2nd Low 209.039
3rd Low 208.129

213.299 – 211.376 – 212.112 – 209.176 – 209.039 – 208.129 —
212.64500 – 211.36000 —
38.298503245709 – 41.548350607125 —
– —
213.299 – 1773259200

Trading Signals:

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