GBP/JPY has produced a bullish signal (Point and Figure, MACD)
MACD
Navy blue line = MACD, pink line = MACD signal
120-minute chart 0.1 yen base frame P&F chart
Daily chart 0.1 yen base frame P&F chart
Daily chart 0.2 yen base frame P&F chart
As above, GBP/JPY daily 0.1 yen & 0.2 yen base frames and 120-minute 0.1 yen base frame Point & Figure charts show additional upside signals.
The 0.1 yen frame target of 145.81 yen has already been reached.
The 120-minute 0.1 yen frame maximum target of 146.23 yen has also already been reached.
The maximum target for the 0.2 yen frame is automatically calculated by the tool as 146.71 yen.
On the other hand, the earliest reactive upper diagram 5/10/3 MACD has been occurring consecutively().
There may be one more push toward the 0.2 yen frame target of 146.71 yen, but it might be time to watch for a sizable pullback.
Point & Figure (Secret Chart) screen introduction
If you want to know more about Point & Figure (Secret Chart)
From Invast Securities FX24 data, the MACD on timeframes and minute charts can be created (YouTube video uploaded)
Multiple base frame Point & Figure (Secret Chart) can be created at once (YouTube video uploaded)
