Buy GBP/JPY – 1H – BUY

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.

And also a ‘Bullish Belt Hold’ candle pattern is existing. The candles show ‘Bullish Belt Hold’. this is a bullish 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 Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High 214.673
2nd High 214.204
Next High 213.723
Current Price 213.74100
Next Low
2nd Low
3rd Low

213.723 – 213.5 – 214.204 – 213.203 – 212.841 – 212.532 —
213.49600 – 213.76200 —
53.120918400855 – 62.68259334893 —
– —
213.723 – 1782414000

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