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GBPJPY – High probability of down movement after 7 consecutive bull candles.

/Blogging/GBPJPY – High probability of down movement after 7 consecutive bull candles.

GBPJPY – High probability of down movement after 7 consecutive bull candles.

Posted on June 5, 2014 by Autochartist wrote in Blogging.

GBPJPY has had 7 consecutive bullish daily candles. Based on historical data, there is a 99% chance that the next candle will be bearish. This event last occurred on 2013-08-19.

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