GBP/JPY – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 212.046 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 213.301 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Bearish Harami’ candlestick chart pattern is discovered. The candles form ‘Bearish Harami’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

213.301 – 212.737 – 212.764 – 211.572 – 211.734 – 210.791 —
212.76000 – 212.70200 —
54.530610205018 – 46.69771022122 —
– —
213.301 – 1774285200

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Bearish Harami – – – – – – – – –