GBP/JPY – 30M – SELLAlso there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.
Also there is a ‘Bullish Belt Hold’ candle chart pattern is found. The candles show ‘Bullish Belt Hold’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 215.606 |
| 2nd High | 215.23 |
| Next High | 214.998 |
| Current Price | 214.93600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
214.998 – 214.934 – 214.859 – 213.863 – 214.324 – 214.306 —
214.83500 – 214.88300 —
51.062965745653 – 51.509964664859 —
– —
214.998 – 1781249400
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Bullish Belt Hold – – – – – – – – –