Gbp/Jpy

[Magdaygawad]

the starting prices of the GBPJPY clearly today comes below the base pivot point 160.95 which informs about potentially of downward pattern on the present day. Likewise as indicated by the moving crosses the quick MA20 comes below the delayed 48MA to proceed a shape of bearish pattern goes on for a long term movement. For the time that the price rates keeps below the line of the trend magic indicator to gaves a bigger chance of the downward direction according to the indicator. after seeing that I will go with the downward direction for today and then it is supposed to hold the prices away from the last resistance area which founded at 162.1 and the target could be situated close to the region of 159.1 to 157.56 respectively and around this values it�s time to thinking about close any sell positions opened

[adhamsabry2]

It's more appealing that we are going through a upward sign of a turnover as the pricing sequence revealed by the charts of the GBPJPY and by looking to the chart attached you can see the current position of the price just near the down border of the channel it should be seized as a good buy area with a target within the levels of 162.85 As well as the StepMA indicator stays display a indication that gives more strength to the behavior of going long entry for the whole day. Also The set of stochastics seems to mark an overbought as the most of edges won near the high area at the value of 80 that is the sign of the being in week upward track improving the chances towards downward trend under making for today.



[img=http://imagizer.imageshack.com/img924/8754/Vm5JvB.gif]

[Magdaygawad]

Our head start for GBPJPY today started below the general turning point of pivot at 161.71 that make a sign for a downward way on the current day. As well according to the movings crosses the fast MA20 seems to come above the moderate 48 MA to make a type of bullish heading on the few upcoming hours. As the prices keeps above the levels of the trend magic indicator it could be said that we have a better favor for the upward signal for the present day. With the aid of this analysis we may indicate the price to go downward trend direction and it shouldn't pass the resistance level around the price 162.75 and the targets could be situated close to the zone of 160.61 also 159.55 especially for a short term sell orders that you enter

[Magdaygawad]

The daily pair opening for the GBPJPY on this day extended below the main pivot point at 160.49 that could lead to a good chance for a downward direction currently today. In agreement with the cross movements the fast MA20 settles below the slow 48MA to perform a shape of bearish heading on the few upcoming hours. As the prices keeps below the level of the Trend magic pointer then it will lead for a greater shot of the downward index for the time being. As stated in this analysis that price could flow downward signal and shouldn�t fluctuate over the resistance area which founded at 161.45 as the current market ought to reach close to the Prices of 159.18 and also 158.17 on a row for interaday sell orders that you enter

[dida2016]

TimeFrame - 1h

The pair started some bearish movement after it remained stable arround 161.70 but we still expect bullish trend if the 160.00 level was not broken . the wanted target is 163.65.
on the other side, breaking 160.00 will revese the movement to bearish to target 158.45 level .

[ng1985]

pair- gbp/jpy

time frame analysis- daily

technical analysis-



the major trend of the price is down side but it is hold at the 154.10 level. now the price is making correction. this may be move to the fibo level 50 at the price 167.00 then it will again down side. hold the short entry with stop loss at 170.30
good luck.

[salufx]

Market setbacks have been very well supported on dips below 125.00 and we look for the formation of a fresh medium-term higher low around the psychological barrier ahead of the next major upside extension back towards and eventually through 140.00. as we can see from the hourly chart , the pair has failed in breaking the resistance level of 130.00 and bounced from it , so the down trend is expected and the pair maybe head to 129.60 then 129.20

[TheFxTrader]

Dropped the price of the pair yesterday to achieve the awaited target at 154.60 and constitute a barrier to the downside bias for forcing the pair to form some rebound is clearly drawing facility, Htak good likelihood of price volatility on the level of 157.80 to try Bbzlk assemble a new negative torque and then to repeat the pressure on support when the previous 154.60.

[TheFxTrader]

Form pair price more negative waves moving closer to the level based on the 160.00 support and that as long as a good handicap form to the recent negative attempts, derives its price more negative momentum stationing SMA 55 around the pivotal resistance to increases the chances of emancipation of the price level of 160.00 and try to reach some the next target at 156.90.

[TheFxTrader]

Continued price pair provide a strong negative trading to note stationed below the level of 166.00 and is attracted towards the second goal and stable around 163.00, the above confirms the negative continuity but note that breaching the price target expected to open the door for him to score more goals, which may extend towards 160.50 over the coming period.