COSMOS4U AdMACD Indicator under 58, 138, 60, 30 parameters given by COSMOS4U technical analysis research department, generated a buy signal for GBPJPY spot price in H1 timeframe (11 SEP 2017 07:00 AM UTC).
The long signal is weak because the crossover has taken place above the zero line, thus determining the prevailing market trend.
The moving average MA(6) hourly volume is below the MA(58) hourly volume, so the confirmation signal, given by COSMOS4U Volume Indicator, is weak. The difference between the Bull and Bear Volumes for the last 58 hours is bearish.
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