Buy GBP/JPY – 30M – BUY

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.

Moreover a ‘Southern Doji’ candle chart pattern is found. The chart forms ‘Southern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 215.899
Current Price 215.45800
Next Low
2nd Low
3rd Low

215.899 – 215.778 – 215.781 – 215.187 – 215.322 – 214.902 —
215.50200 – 215.55400 —
40.883505113573 – 47.855760983142 —
– —
215.899 – 1776285000

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