Gbp/Jpy

[raihan8212]

Yes thats what I thought you meant... and thats what im currently working on...

And obviously alot of people on here dont think your a noob - but i repesct the modesty!

---------- Post added at 07:30 AM ---------- Previous post was at 07:30 AM ----------

There some very bad ones out there though, they will fill your computer with all kinds of crap, i also found they can be more harm then good. There are times when currency may be strong but be in consolidation mode, or in retrace in which case even the weaker currencys can still be moving the market, can be misleading... I got rid of it in the end...

PK, what other tools are you refering to, you mean PA, S/R, S/D etc or you actually have an indicator??

Would like to know what you would recommend, judging by your Vouchers, your obviously no stranger to the game!

---------- Post added at 07:31 AM ---------- Previous post was at 07:30 AM ----------

you should use CSM to see major strengths and weaknesses across all currencies. (currency strength meter) if you are placing trades against what is says they better be very short term. cant hardly go wrong when in agreement with it

---------- Post added at 07:32 AM ---------- Previous post was at 07:31 AM ----------

to me it's about pattern recognition over time, but more so S/R levels. cup and saucer is just top and bottom levels. when price drops below support is when big guys start buying.

my trade yesterday was after big rise I sold at 128.56 and rode down to 15M 10ma, cause it most always will bounce off there, which was also bottom of last big up candle. seen that happen hundreds of times so it was a hi probability trade.

[dollar]

GBPJPY is moving around the 125.60 support level now. If GBPJPY can break this support and also break the yesterday's low, I expect GBPJPY will fall and has an opportunity to reach the next support level at around 124.71.

[winstead]

While price tried to get out of the decline yesterday, the price is still showing sideways pattern that indicates the power sellers and buyers in the market is balanced, but the increased buyer power and gain confidence from yesterday will continue today also. it can be seen from the current price movement tends to rise despite seemingly weak. Daily ressistance point will be the next resistance point if prices rise.

[pintu01]

Main ye thread GBPS kw discussion kw lite bans raga gain. Sahib members KO ya post Marne kw lite swag at karat goon. But beofre going more down we may see some up movement again to hit the Upper trend line,,,

[alskndry]

GBPJPY has been rejected by the 125.60 support level. Then, I think GBPJPY has a potential to go up and touch the resistance level at 126.60. But if GBPJPY can fall again and break 125.60 support level and also the yesterday's low, this pair may falls to the lower support level at 124.71

[rubel_dc]

As Brocade Certified Fabric Professional 16 GBPS exam certified professional, you have to show skills and advanced knowledge in Brocade SAN extension platforms, switching, related components, routing, configure plus maintain Brocade software and hardware products, troubleshoots and keep FC routed along with extended fabric and implements adaptive networking component.

[dollar]

still above the up trend so we need now only a close above fibo 61.8 level at 126.10 to buy this crazy pair targeting 127.07 then 127.57 and our stop loss will be a close by 4hr candle below 126.10 ...
we can too buy this pair from 125.41 where is the up trend with the same targets as and the stop loss will be a close by 4hr candle below the up trend.

[romannil]

Gbp/jpy technical analysis for 01.10.2012

resistance 3:127.13
resistance 2:126.68
resistance 1:126.34

pivot point :125.89

support 1:125.55
support 2:125.10
support 3:124.76

[winstead]

GBPJPY moved down away from the daily pivot point to 125.79 and is now affecting daily support level 125.46. Further decline will punctuate this pair of price movement in the next few candle.

[dollar]

the previous candle on daily time frame is a doji candle. So, I think the breakout movement is possible to happen.
If GBPJPY can break the yesterday's high, this pair may goes up to the next resistance level at 126.60 or maybe higher. But if GBPJPY can break the yesterday's low, this pair may falls to the support level at 124.71

[new-FX]

http://img222.imageshack.us/img222/8448/imagecw.gif

GBP / JPY Fell today after arriving to the levels of resistance 126.21 to bounce

Price now stands at a moving average line 55, trying to break the boat but stochastic Ali oversold and began to lose force landing

Is expected to climb correction before resuming the downward trend

[hazem ahmed mohamed]

we have a very good chance to sell GBPJPY as we have a strong resistance level on the daily chart @50% so i predict that GBPJPY will move downward on the short term our target point will be@38.2%.

[dollar]

GBP/JPY hold in monthly pivot level (126.19) after rise from daily pivot level (125.82) at asian session market ago. If positif sentiment continue from any trader, price may touch psicologyst level at 126.62.

[romannil]

GBp/jpy technical analysis for 03.10.2012 by using : Auto pivot indicator.

resistance 3:127.15
resistance 2:126.81
resistance 1:126.45

pivot point :126.11

support 1:125.92
support 2:125.40
support 3:125.04

[Vamos]

Well, on daily chart pair made dash to the north and now rolls back to test the level for several days, there is a stop and the price ****ually diverted to the top ... so that the estimated target for the pair is 128.00 at least ...

[VANDA_S]

http://imageshack.us/a/img696/6538/38657907.png (http://imageshack.us/photo/my-images/696/38657907.png/)

Uploaded with ImageShack.us (http://imageshack.us)
Pada chart H1 ,harga berada diatas 12 EMA dan 72 EMA menandakan trend masih naik
50 RSI berada diatas area 50 menandakan trend masih naik
Opsi :BUY
Take profit :126.76

[romannil]

Gbp/jpy technical analysis for 04.10.2012 by using : Auto pivot indicator.

resistance 3:127.21
resistance 2:126.85
resistance 1:126.52

pivot point :126.16

support 1:125.83
support 2:125.47
support 3:125.14

[winstead]

Immediate support seen around 126.10. A clear break below that area could lead price to neutral zone in nearest term testing 125.50/30 but overall I still prefer a bullish scenario.

[VANDA_S]

http://imageshack.us/a/img35/2872/gjindiannnnnnnn.png (http://imageshack.us/photo/my-images/35/gjindiannnnnnnn.png/)

Uploaded with ImageShack.us (http://imageshack.us)
On the H1 chart, price is above the 12 EMA and 72 EMA indicates the trend is still up
50 RSI is above 50 indicates area trend is still up
Options: BUY
Take profit: 127.12

[kuntal]

The support line has been broke by yesterday move but becareful i think this pair is nearing the low and the major revesal will happen soon. We may see some up movement again to hit the Upper trendline

[bdconnect]

Gbp/jpy currency is very good forex trade.this currency movement is very slow it is good for long time trade.you can earn more money in forex trade.so trade and earn more money.

[sobusbd]

British Pound Higher against Japanese yen friday . gbpjyp trading 127.18 very up at time of writing . that why pair was find support on 125.52 modays Low and resistance goes on at 127.18 or otday high.

[dollar]

GBPJPY is trying to touch the resistance level at 127.42 now.
So, I suggest to wait GBPJPY on that resistance and see the price action that will happen. If GBPJPY can break that resistance, this pair may continue the up trend to the next resistance level at 128.21.

[hafiz00]

it is very strong support by GBP/JPY . market price 131.28 .
it is moved to 132 to 133 .

[dollar]

Pair has moved nicely in the rising channel and broken that and tested its lower line as resistance successfully.
Now buy when it gets back in the rising channel or wait for it break below 126.69.

[romannil]

Gbp/jpy technical analysis for 05.10.2012 by using : Auto pivot indicator.

resistance 3:128.37
resistance 2:127.75
resistance 1:127.41

pivot point :126.78

support 1:126.45
support 2:125.82
support 3:125.48

[winstead]

Price moves in a state of uncertainty as to profit taking from traders who have the power to buy and sell almost the same on this pair. it can be seen from the movement of the pair who managed to rise from the previous decline. up trend is still in progress, allowing prices are going to strengthen the future i think

[dollar]

GBPJPY had formed a pin bar candle on daily time frame on the last Friday.
So, I think GBPJPY will reverse today. If GBPJPY can break the support level at 126.60, this pair may falls more deeper to the next support level at around 125.60.

[romannil]

Gbp/jpy technical analyis for 08.10.2012 by using : Auto pivot indicator.

resistance 3:128.63
resistance 2:128.23
resistance 1:127.56

pivot point :127.16

support 1:126.49
support 2:126.09
support 3:125.42

[jo9y]

GBP/JPY rose to as high as 128.23 so far and met mentioned target of 100%. Projection of 118.82 to 125.82 from 120.82. Intraday bias remains on the current rally from 120.82 should extend to 161.8%projection at 132.14next.

[VANDA_S]

http://imageshack.us/a/img100/7356/58690532.png (http://imageshack.us/photo/my-images/100/58690532.png/)

Uploaded with ImageShack.us (http://imageshack.us)
On the H1 chart, the price is dibawah12 EMA and 72 EMA indicates the trend is still down
50 RSI is below 50 indicates area trend is still down
Range: 126 .10:127.00
Option: SHORT
Take profit: 125.50

[Mr.Strong]

Pair can not achieve high stability high during last week's trading around the 127.80 level, falling quickly and clearly up to the level of support the channel.

[romannil]

Gbp/jpy technical analysis for 09.10.2012 by using : Auto pivot indicator.

resistance 3:128.66
resistance 2:127.87
resistance 1:126.71

pivot point :125.93

support 1:124.77
support 2:123.98
support 3:122.82

[alskndry]

GBPJPY has broken the resistance level at 125.60. So, it may gives a chance for GBPJPY to make some correction movement maximal to 126.60. But if GBPJPY can break the yesterday's low, GBPJPY will fall to the support level at 124.71 or even lower

[nurdiantofxwave]

GBP/JPY still movement under pressure in european market session now. This condition affected by medium term trend that started from yesterday. If price can not get endorsement price will fall down and will get its lowerest price in this week.

[VANDA_S]

http://imageshack.us/a/img837/6136/gjh4.png (http://imageshack.us/photo/my-images/837/gjh4.png/)

Uploaded with ImageShack.us (http://imageshack.us)
At the H4 chart, the price is below 12 EMA and 72 EMA indicates the trend is still down
21 RSI is below 50 indicates the trend is still down
RECOMMENDATION: SELL
Take profit: 124.00

[winstead]

Earlier in the European session, the price is still yet to be seen moving too strong and just spinning 125.62 weekly support area. if in some future time the price could be higher, I expect to return to its highest point yesterday.

[Mr.Strong]

Hacked pair trades yesterday the level of support for the ascending channel around 126.40 price to settle around 125.30, which is 50% Fibonacci level.

New bearish scenario awaiting the pair if he could not re-break the channel's support level to re-climb.

[Bieela_cute]

Elliott: irregular flat correction down 124.53
Market should not go lower than 124.76. After this move down it should go up to 126.31 - 126.70 area.
Warning: Imminent end of bearish move
Technical points
Key point 124.9800
Entry point 125.9200
Elliott 127.8200
Closing 125.5400
Projection 123.9700
Trendline 127.0700
Trendline 126.3300
Supports / Resistances
Res 2 127.8500
Ex-High 127.0700
Res 1 126.7000
Pivot 125.9200
Sup 1 124.7700
Ex-Low 125.1400
Sup 2 123.9900

[tradergalau]

GBPJPY is in down trend now and I think this pair is trying to touch 124.71 support level. If GBPJPY can break that support, it will open a way for GBPJPY to fall and reach the next support level at 123.82. But if GBPJPY can rise and break 125.60 resistance level, GBPJPY may makes some correction movement to the next resistance level at 126.60
http://i.imgur.com/l5xFI.gif

[romannil]

Gbp/jpy technical analysis for 10.10.2012 by using : Auto pivot indicator .

resistance 3:126.66
resistance 2:126.26
resistance 1:125.75

pivot point :125.35

support 1:124.84
support 2:124.44
support 3:123.92

[nurdiantofxwave]

Price had retraced up from 124.93 but can not rise because still in affect by medium trend down. If price can break up 125.27 as a daily pivot point, it may move with bullish pattern. But if only touch this point, it can down strong until get new support area.

[VANDA_S]

http://imageshack.us/a/img688/5250/gjindia.png (http://imageshack.us/photo/my-images/688/gjindia.png/)

Uploaded with ImageShack.us (http://imageshack.us)
At the H4 chart, the price is below 12 EMA and 72 EMA indicates the trend is still down
21 RSI is below 50 indicates the trend is still down
RECOMMENDATION: SELL
Take profit: 124.85

[alskndry]

GBPJPY is in down trend now and I think this pair is trying to touch 124.71 support level. If GBPJPY can break that support, it will open a way for GBPJPY to fall and reach the next support level at 123.82. But if GBPJPY can rise and break 125.60 resistance level, GBPJPY may makes some correction movement to the next resistance level at 126.60

[Bieela_cute]

Elliott: irregular flat correction down 124.53
Any possible decline should be supported around 124.88 - 124.63 zone for rally to above 125.88. A clear break of 124.26 will damage this expected rally.
Warning: Harami
Technical points
Key point 124.6600
Entry point 124.8700
Elliott 127.8200
Closing 125.1400
Projection 123.9700
Trendline 125.0400
Trendline 124.8900
Supports / Resistances
Res 2 125.8800
Ex-High 125.6200
Res 1 125.5100
Pivot 125.2500
Sup 1 124.8800
Ex-Low 125.0000
Sup 2 124.6300

[romannil]

Gbp/jpy technical analysis for 11.10.2012 by using : Auto pivot indicator.

resistance 3:126.17
resistance 2:125.91
resistance 1:125.52

pivot point :125.26

support 1:124.87
support 2:124.61
support 3:124.22

[alskndry]

GBPJPY is trying to touch the support level at 124.71. Then, if GBPJPY can break that support, this pair may continue falling to the next support level at around 123.82. But if fail to break, GBPJPY may rebound and make a reversal movement on that support level

[nurdiantofxwave]

GBP/JPY has formed head and tail pattern with lowest point in around daily support 1 level (124.81). this pattern can affect price to rise up again so i recommendated to take position buy for this pair with take profit in level 125.19

[Macintosh]

:)Pair GBP / JPY has broken sloping trend line at the top and just managed to get above the resistance level 125.60, so the Japanese currency makes a serious bid for the fall, so it seems to schedule a couple can grow to their highs 127.70 ....

[hazem ahmed mohamed]

we have a moving down trend on the weekly chart so i predict that GBPJPY will move downward on the short term and i suggest selling this pair now our target point will be@122.9

[azam01]

GBP/JPY is 125.54 level.
1H chart shows down trend.
trend idea = down trend . next target may be 125.10

[Bieela_cute]

Elliott: irregular flat correction up 126.66
Currently uptrend should end around 125.91 - 126.30 area. A correction down to below 124.92 is expected. A rise above 126.91 will abort the expected correction.
Warning: Engulfing pattern
Technical points
Key point 125.9400
Entry point 125.3400
Elliott 124.7500
Closing 125.6900
Projection 126.1400
Trendline 125.3800
Trendline 125.3800
Supports / Resistances
Res 2 126.9100
Ex-High 126.1400
Res 1 126.3000
Pivot 125.5300
Sup 1 124.9200
Ex-Low 124.7500
Sup 2 124.1400

[tradergalau]

Same with EURJPY, I think GBPJPY also in bullish sentiment after 125.60 resistance breaking yesterday. Now, GBPJPY is trying to reach the yesterday's high. If GBPJPY can break the yesterday's high, I think this pair will go up more higher to the resistance level at 126.60.
http://i.imgur.com/9n2tI.gif

[romannil]

Gbp/jpy technical analysis for 12.10.2012 by using : Auto pivot indicator .

resistance 3:127.70
resistance 2:126.92
resistance 1:126.30

pivot point :125.52

support 1:124.91
support 2:124.13
support 3:123.51

[gandha]

The movement of this currency pair seems still have to wait for confirmation, while EMA-Short Term (red line) and the Long-Term-EMA (blue line) meet, so the bias for now still can not be determined, even though there is a signal up. MACD it gives an indication to go down, where the indicator numbers start moving closer to area zero (0). However, Stochastics have opinions sendirim, where the indicator numbers actually start to move up to try menarih figures 40-50. If the confirmed price increases, the resistance range will be listed in 125.94 (50% Fibonacci retracement), 126.40 (61.8% Fibonacci retracement) and 127.86 (100% Fibonacci retracement). However if the price moves contrary, the range of support that will be recorded at 125.40 (38.2% Fibonacci), 124.93 (23.6% Fibonacci retracement) and 124.02 (Fibonacci Retracement 0%).
http://files.monexnews.com/img.php/src/Gambar%20Teknikal%20Forex/Oktober%202012/gbpjpy-12oktober2012.JPG

[nurdiantofxwave]

GBP/JPY success to keep up movement until now. Price still in area between daily pivot level and ressistance 1. If it can move up strongly, it may break daily ressistance 1 level (126.23) and then can touch 126.69 as a weekly pivot level.

[Mr.Strong]

Trend is expected today: UP

Powerful region today: 125.40

Pair above 125.40 to buy the following objectives 125.80 then 126.30

The pair down 125.40 for sale the following objectives 124.95 then 124.60

[forexking2]

After that the price touched pair checkpoint (head and shoulders) over the price of 124.80 bounced upward to try to test the breached canal around 126.70.

[amni570]

GBP/USD Buy Stop 1.60461 TP:1.61061 TP2:1.61661 SL:1.59861

[Bieela_cute]

GBPJPY next week

Elliott: flat correction down 125.35
It may attempt a test higher to 126.56 - 127.16 after which weakness may set it to a drift down to 124.83 limit.
Technical points
Key point 126.1600
Entry point 126.3600
Elliott 127.8200
Closing 126.0400
Projection 125.3500
Trendline 127.0800
Trendline 126.3300
Supports / Resistances
Res 2 128.2800
Ex-High 127.0700
Res 1 127.1600
Pivot 125.9500
Sup 1 124.8300
Ex-Low 124.7500
Sup 2 123.6300

[Bieela_cute]

15 Oktober 2012
Elliott: zigzag or flat correction 126.65
Current rise should end around 126.31. Objectives of this downmove are 125.64 or 125.25. A rise above 126.58 is again bullish.
Warning: Imminent end of bullish move
Technical points
Key point 126.4300
Entry point 126.1700
Elliott 124.7500
Closing 126.0400
Projection 126.6500
Trendline 125.5200
Trendline 126.3000
Supports / Resistances
Res 2 126.5800
Ex-High 126.1900
Res 1 126.3100
Pivot 125.9200
Sup 1 125.6400
Ex-Low 125.5200
Sup 2 125.2500

[romannil]

Gbp/jpy technical analysis for 15.310.2012 by using : Auto pivot indicator.

resistance 3:127.01
resistance 2:126.60
resistance 1:126.33

pivot point :125.93

support 1:125.66
support 2:125.25
support 3:124.98

[alskndry]

I think GBPJPY still in bullish sentiment now. If GBPJPY can break the last Friday's high, this pair may try to continue going up and will reach the resistance level at 126.60. But the trend may change in to down trend again if GBPJPY can fall and break 125.60 support level

[forexking2]

Expected trading range between 125.00 and 127.10 for the day.
General tendency for the price: UP.

[kakpay]

Technical Analysis For Short-Term (Short Term: 1-7 days) 60% Buy
trendspotter hold
7 day average directional indicator buy
10-8 day MA hilo channel hold
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis for the Medium Term (Mid Term: 2-4 Sunday) 25% Buy
40 Day hold commodity channel index
50 Day MA VS Price buy
20-100 Day MACD Oscillator
buy
50 Day parabolic time / price sell
20-50 Day MACD oscillator buy

Technical Analysis For Long Term (Long Term: 1-3 Months) 67% Buy
60 Day hold commodity channel index
100 Day MA VS Price buy
50-100 Day MACD oscillator buy

[winstead]

The bias is neutral in nearest term but as long as move above 123.75 support. I still prefer a bullish scenario at this phase.

[hodhod2000]

GBP/JPY's correction from 128.82 could still be in progress and might extend lower. But in that case, strong support should be seen at lower channel (now at 123.86) to bring rebound. On the upside, above 127.79 will argue that recent rise from 118.82 is ready to resume.

[kakpay]

Yesterday highest high and lowest form higher with large momentum buyers.
Most likely today, GBPJPY will form new highest.

The market opened with a rise in price is quite convincing.
There is little power sellers to make a correction in the Asian session today.
If the correction continues to below the daily pivot (pivot: 126.19) then maybe this pair will continue the trend of transition bearish

[Bieela_cute]

Elliott: flat correction up 127.05
Uptrend is still intact in a triangle configuration. It should continue to rally to 126.57 or 126.88 if support around 126.21 hold. After which a pullback to 126.21 - 125.97 zone is possible.
Technical points
Key point 126.6500
Entry point 126.1800
Elliott 124.7500
Closing 126.3900
Projection 127.8200
Trendline 125.9300
Trendline 125.9500
Supports / Resistances
Res 2 127.3700
Ex-High 126.7100
Res 1 126.8800
Pivot 126.2100
Sup 1 125.7200
Ex-Low 125.5500
Sup 2 125.0600

[romannil]

Gbp/jpy technical analysis for 16.10.2012 by using : Auto pivot indicator .

resistance 3:128.05
resistance 2:127.38
resistance 1:126.88

pivot point :126.22

support 1:125.72
support 2:125.05
support 3:124.56

[ashaab]

http://i45.tinypic.com/ose7ac.gif

The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 124.50 and key resistance at 128.40. Based upon my chart analysis, I prefer to selling the pair with four hour candle closing below 126.15 with targets 125.30, 124.75 then 124.50 and stoploss with four hour candle closing above 126.85.

[hodhod2000]

The trading range for today is among the major support at 124.50 and the major resistance at 128.40.
The short-term trend is to the downside as far as 150.00 remains intact targeting 112.00.

[najmul.djd]

gbp/jpy technical analysis by using : average directional movement index

+di : 18.2059
-di : 12.3698
adx : 43.5443
timeframe : 1 hour

time : 1800
date : 16.10.2012

[forexking2]

The trading range for today is among the key support at 124.50 and the key resistance at 128.40
The short term trend is to the downside target at 112.00 intact 150.00

[romannil]

Gbp/jpy technical analysis for 17.10.2012 by using : Auto pivot indicator.

resistance 3:128.52
resistance 2:127.94
resistance 1:127.52

pivot point :126.93

support 1:126.51
support 2:125.92
support 3:125.50

[alskndry]

I think GBPJPY still in bullish trend now, and in my opinion, this pair still has a potential to continue going up and reach the resistance level at 127.42 or even higher. But be careful, GBPJPY may reverse if this pair can fall and break 126.60 support level

[ashaab]

http://i48.tinypic.com/noh3t0.gif

The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 124.50 and key resistance at 128.40. Based upon my chart analysis, I prefer to stay aside from the pair until we get a confirm setup for the upcoming big move.

[kakpay]

I think GBPJPY still in bullish trend now, and in my opinion, this pair still has a potential to continue going up and reach the resistance level at 127.42 or even higher. But be careful, GBPJPY may reverse if this pair can fall and break 126.60 support level.

[najmul.djd]

gbp/jpy technical analysis by using : average directional movement index

adx : 24.8275
+di : 20.5610
-di : 10.3206
timeframe : 1 hour

time : 1000
date : 17.10.2012

[romannil]

Gbp/jpy technical analysis for 18.10.2012 by using : Auto pivot indicator.

resistance 3:128.78
resistance 2:128.23
resistance 1:127.86

pivot point :127.31

support 1:126.94
support 2:126.39
support 3:126.02

[kakpay]

GBP / JPY tends to look to rise steadily until in position will continue till even 127.78 128.14 position, if you move down the possible positions of 126.88 is poisisi terget who will be first.

PP = 127.24
R1 = 127.78
S1 = 126.88
R2 = 128.14
S2 = 126.34

[ispgamer]

GBPJPY has broken the 127.42 resistance level. I think it will open a way for GBPJPY to continue going up today. If GBPJPY can break the high level at 127.75 (5th October's high), I am sure GBPJPY will touch the next resistance level at around 128.21 or maybe higher.

[forexking2]

Pair continued trading yesterday to appreciate that reached the level of re-test the broken channel on the price of 127.25 and the pair settles on a high level, trying to penetrate the rising channel again.

[sonyole]

My analysis of the GBP / JPY pair is likely to move down, at least until the price support 1 (126.88). The line observed at 127.24 pivot, and if able to penetrate the line of the pivot support 1 is the next goal.

[ashaab]

http://i45.tinypic.com/qobpj4.gif

The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 126.15 and key resistance at 129.05. Based upon my chart analysis, I prefer to buying the pair above 127.20 with targets 127.75, 128.10 then 129.05 and stoploss with four hour candle closing below 126.15.

[Jobs]

Recently, the pair shown a very dense growth of small candles ... but almost all white, it means that growth can continue for a long time ... Now we see that the pair went to the resistance and a small candle rollback rollback ... but I think will be about 127.20 to survive if you think there are chances of the sample to the top ..@>-

[forexking2]

The trading range for today is among the key support at 126.15 and the key resistance at 129.05
The short term trend is to the downside target at 112.00 intact 150.00

[turabawan8]

18/10/2012 GBP/JPY Full Detailed ForeCast

Pivot point (level of invalidation): 127.1

Our preference: LONG positions at 127.25 with targets at 127.8 and 128.1 in extension.

Alternative scenario: Below 127.1 we expect further downside with 126.65 and 126.25 target.

Technical Comments: the resistors are subsequent to 127.8 and then to 128.1.

[Bieela_cute]

Elliott: common flat correction up 127.82
Currently uptrend should end around 127.96 - 127.86 area. A correction down to below 126.96 is expected. A rise above 128.22 will abort the expected correction.
Warning: End of trend - Imminent end of bullish move
Technical points
Key point 127.8500
Entry point 127.4800
Elliott 124.7500
Closing 127.5000
Projection 127.8200
Trendline 127.0300
Trendline 127.3900
Supports / Resistances
Res 2 128.2200
Ex-High 127.6800
Res 1 127.8600
Pivot 127.3200
Sup 1 126.9600
Ex-Low 126.7800
Sup 2 126.4200

[najmul.djd]

gbp/jpy technical analysis by using : average directional movement index

adx : 26.1355
+di : 21.7949
-di : 10.8537
timeframe : 1 hour

time : 1700
date : 18.10.2012

[Mr.Strong]

Pair for the rise to continue to maintain trading above the support level of 127.10
This climb is targeted to reach levels 127.80 - 128.10
But break the support level opens the way to reach 126.65

[Bieela_cute]

Elliott: correction zigzag 126.49
Preferred view is for a fall to 127.15 - 126.79 while 127.71 - 127.90 area resists. A clear break of 128.62 would be bullish.
Technical points
Key point 126.6700
Entry point 127.4500
Elliott 128.2400
Closing 127.1800
Projection 126.0800
Trendline 127.3900
Trendline 127.6600
Supports / Resistances
Res 2 128.6200
Ex-High 128.2400
Res 1 127.9000
Pivot 127.5100
Sup 1 126.7900
Ex-Low 127.1300
Sup 2 126.4000

[roncos]

GBP/JPY was trading at 127.46, up 0.22% at time of writing.
The pair was likely to find support at 125.50, Monday�s low
and resistance at 128.20, Thursday�s high.

[kakpay]

A perfect bear pinbar supply area ...

Next target zone is in demand around: 125.00-an

[raihan8212]

The British Pound was higher against the Japanese Yen on Friday.

GBP/JPY was trading at 127.46, up 0.22% at time of writing.

The pair was likely to find support at 125.55, Monday�s low, and resistance at 128.22, Thursday�s high.

[shepon93]

As predictable this pair making a strong bearish movement right after the news release yesterday and the support line has been broke by yesterday move but be careful i think this pair is approaching the low and the major revisal will happen soon watch out at 129 - 128 area to enter long next week.

[romannil]

Gbp/jpy technical analysis for 19.10.2012 by using : Auto pivot indicator.

resistance 3:129.02
resistance 2:128.63
resistance 1:127.91

pivot point :127.52

support 1:126.79
support 2:126.40
support 3:125.67

[tarake_bd]

The pair gbp/jpy is formed sooting star yesterday.If the pair makes a strong sellcandle by today there is a possibility to go down more than 200pips down.

[ashaab]

http://i47.tinypic.com/f262jp.gif

The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 126.45 and key resistance at 129.05. Based upon my chart analysis, I prefer to buying the pair above 127.20 with targets 127.75, 128.10 then 129.05 and stoploss with four hour candle closing below 126.55.

[Mr.Strong]

Bearish direction pair today
Expected targets 126.65 - 126.25 - 126.00
Provided stability of trading below the resistance level 127.80

[alskndry]

If we look on the daily time frame, the yesterday's movement has formed a pin bar candle on daily time frame. So, according to that candle, I think GBPJPY will fall today. GBPJPY may touches the support level at 126.60 or even lower.

[turabawan8]

19/10/2012 Gbp/jpy Full Detailed ForeCast

Intraday GBP / JPY: Short-term key resistance at 127.8.

Pivot point (level of invalidation): 127.8

Our preference: Short positions below 127.8 with targets at 126.65 and 126.25 in extension.

Alternative scenario: Above 127.8 we expect further upside with 128.2 and 128.6 of the target.

Technical Comments: The upside should be limited by resistance presumably to 127.8.

[gandha]

This week the currency pair GBPJPY has failed its test 128.82 support indicates that long-term basis gbp jpy still strong bearish, rtarget drop tonight I predict to 126.68

[najmul.djd]

gbp/jpy technical analysis by using : average directional movement index

adx : 24.4608
+di : 7.0574
-di : 19.4256
timeframe : 1 hour

time : 1500
date : 19.10.2012

[Macintosh]

uptrend line broken, but I think the chances of upward trend yet the couple have ... there is a horizontal support level of 126.65 and 126.00 ... so I think that from these levels, one can try to buy small lots with little stop ..:)/

[Bieela_cute]

GBPJPY next week

Elliott: common flat correction up 127.82
Strength can extend to 127.59 or even 128.27 as declines are expected to find support at 126.91 or 126.25. Stop Loss below 125.58 zone.
Technical points
Key point 127.0300
Entry point 126.4900
Elliott 124.7500
Closing 126.9400
Projection 127.8200
Trendline 125.5500
Trendline 126.3400
Supports / Resistances
Res 2 129.6000
Ex-High 128.2400
Res 1 128.2700
Pivot 126.9100
Sup 1 125.5800
Ex-Low 125.5500
Sup 2 124.2200

[najmul.djd]

gbp/jpy technical analysis by using : average directional movement index

adx : 28.6894
+di : 8.1463
-di : 23.9859
timeframe : 1 hour

time : 2300
date : 20.10.2012

[robiul alam]

Main ye thread ke discussion ke liye bana raha hain. Sabhi members ko ya post well forex fast money good like work thanks forex good

[amni570]

GBP/JPY
BUY above = 127.253 UPPER TARGET = 127.700
SELL below = 126.750 LOWER TARGET = 126.300

---------- Post added at 04:49 AM ---------- Previous post was at 02:31 AM ----------

EUR/JPY
Buy above 1O4.060 target 104.500
Sell below 103.500 target 103.200

[hazem ahmed mohamed]

i think that we should sell GBPJPY as we have a resistance level on the daily chart @61.8% so i predict that this pair will move downward on the short term our target point will be@50%.

[robiul alam]

Maine soch raha ki ye hammer price ko upar jane work thanks forex forum indian forex your work to money good like forum indian forex good thanks fast busnuess good

[tarake_bd]

Date: 21-10-2012
gbp/jpy technical analysis…..
Using: megamind penel v2.0
Today high or low-75pips.
Daily average- 101 pips.
Woodies trend: medium down.
daily Resistance 3-129.00
daily Resistance 2- 128.61
daily Resistance 1-127.88
Daily Pivot point 127.49
Daily support 1- 126.76
Daily support 2- 126.37
Daily support 3-125.64
Now This payer is very negative. Do you like it. You can trade it.
………………………………

[Bieela_cute]

Elliott: correction zigzag 126.49
It might hold above 126.86 or 126.64 for a rise towards above 127.39. Stop loss below 126.34 zone.
Warning: End of trend
Technical points
Key point 126.7300
Entry point 126.8800
Elliott 128.2400
Closing 126.9400
Projection 126.0800
Trendline 127.5300
Trendline 126.8200
Supports / Resistances
Res 2 127.8300
Ex-High 127.5300
Res 1 127.3900
Pivot 127.0800
Sup 1 126.6400
Ex-Low 126.7800
Sup 2 126.3400

[romannil]

Gbp/jpy technical analysis for 22.10.2012 by using : Auto pivot indicator.

resistance 3:128.14
resistance 2:127.84
resistance 1:127.39

pivot point :127.09

support 1:126.64
support 2:126.33
support 3:125.88

[forexking2]

Consecutive bullish signals since yesterday's trading session led to price stability Pound Yen inside the rising channel again, as is evident in the form attached to the trades this morning stationed on the channel's support level around 127.10

[gandha]

GBPJPY currency pair has been seen on h1 chart going very strong uptrend.This currency pair is likely to try to test resistance at 128.20 which is a higher area that has formed on the weekly candle,

[ashaab]

http://i48.tinypic.com/28tci88.gif

The short term trend of the pair is to the downside. Intraweek trading range of the pair is expected among key support at 123.75 and key resistance at 131.85. Based upon my chart analysis, I prefer to buying the pair above 126.85 with targets 127.75, 128.80 then 129.05 and stoploss with four hour candle closing below 125.70 for this week.

[turabawan8]

22/10/2012 GBP/JPY Full Detailed ForeCast

Pivot point (level of invalidation): 126.65

Our preference: LONG positions at 126.8 and 128.2 with target at 127.75 in extension.

Alternative scenario: Below 126.65 we expect further downside with 126.25 and 125.7 of targets.

Technical Comments: the RSI is well directed.

[ayaatzaki]

in my Ichimoku Kinko Hyo Strategy after the candle close above 127.90 you can go buy
the target 128.68 stoop loose 127.37

[VANDA_S]

http://sadpanda.us/images/1228393-GJ34AMT.png
At the H4 chart, price is above the 12 EMA and 72 EMA indicates the trend is still up
21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Take profit: 128.75

[gandha]

uptrend, on this night I thought had expired and had to make corrections to get down.therefore please to close an order buy.dan trying to order buy back tomorrow for the long term up trend is still strong

[najmul.djd]

gbp/jpy technical analysis by using : average directional movement index

adx : 44.5113
+di : 15.3455
-di : 10.7309
timeframe : 1 hour

time : 1900
date : 22.10.2012

[Vamos]

Today the pair drew a double top and sort of started a rebound ... but considering that the Japanese ene began its decline in the market, I think that this level by the end of the trading week will be overcome so that the goal of the week is 128.70, and then we'll see have enough strength to grow more ..;)

[tradergalau]

GBPJPY is being rejected by the 128.11 resistance level. If the rejection success, I think GBPJPY will reverse and fall to the support level at 127.39 today. But if GBPJPY can break 128.11 resistance level, this pair may continue going up and the next target is at around 128.86 as the next resistance level of GBPJPY.
http://i.imgur.com/EOMwX.gif

[sonyole]

Simple analysis for GBP / JPY, on Tuesday, October 23, 2012
In time frame 1 H, super indicators have shown that the pair will move down. While indicators Accelarator Oscillator (AO) has crossed zero, and move towards the area sell. This condition indicates that the pair GBP / JPY is likely to go down, as the first destination is the pivot price (127.58)

[romannil]

Gbp/jpy technical analysis for 23.10.2012 by using : Auto pivot indicator.

resistance 3:130.07
resistance 2:129.13
resistance 1:128.57

pivot point :127.64

support 1:127.08
support 2:126.15
support 3:125.59

[samsiah]

GBPJPY refused by which is 128.11 retaliation measure. If deduction success, I think GBPJPY will invert and fall to support measure at 127.43 today. But if GBPJPY can solve 128.10 retaliation measure, this couple may continue to go up forward and incoming goals in around 128.80 as retaliation.....

[yudijoni]

GBPJPY still hampered ascent rising trend line at 128.29 area, and a shooting star candle berpol that appear to indicate the potential for a correction, if through 127.70, the following targets, 127.30, then 127.00. Advanced Support 126.69 and 126.30. If successful rebound and translucent 128.29, the initial targets FEN 61.8% (128.78). Target following FEN 100% (130.08). Following bullish projections, FEN zone 161.8% (132.16). Reference point Fibo extension of the swing ride is 124.73 to 128.19 and 126.69

[kakpay]

GBPJPY is being rejected by the 128.11 resistance level. If the rejection success, I think GBPJPY will reverse and fall to the support level at 127.39 today. But if GBPJPY can break 128.11 resistance level, this pair may continue going up and the next target is at around 128.86 as the next resistance level of GBPJPY..

[forexking2]

Expected trading range between 127.50 and 129.30
General tendency for the price: UP

[gandha]

this time for buy gbp jpy, allowing for the emergence of h1 candle can make this currency pair back up to continue the previous uptrend, buy now with a little profit target around 30 pips, because the price still has the potential for downward correction

[ashaab]

http://i50.tinypic.com/343q9vn.gif

The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 125.70 and key resistance at 130.35. Based upon my chart analysis, I prefer to buying the pair above 127.80 with targets 128.40, 129.05 then 129.75 and stoploss with four hour candle closing below 126.85.

[Bieela_cute]

Elliott: elongated flat correction up 129.00
Current rise seems to be over near 128.12 or 128.59 for a retracement towards 127.65 - 127.37 area.
Warning: Engulfing pattern
Technical points
Key point 128.6300
Entry point 127.6700
Elliott 126.7100
Closing 128.0400
Projection 129.1800
Trendline 127.3000
Trendline 127.3000
Supports / Resistances
Res 2 129.1300
Ex-High 128.1900
Res 1 128.5900
Pivot 127.6500
Sup 1 127.1000
Ex-Low 126.7100
Sup 2 126.1600

[turabawan8]

23/10/2012 GBP/JPY Full Detailed ForeCast

Pivot point (level of invalidation): 127.5

Our preference: Long positions above 127.5 with 128.2 and 128.6 target extension.

Alternative scenario: Below 127.5 we expect further downside with 127.1 and 126.65 of the target.

Technical Comments: Although it is conceivable a continuation of consolidation, its extension should be limited.

---------- Post added at 12:27 PM ---------- Previous post was at 11:25 AM ----------

FOREX-Euro falls, yen weak on BOJ easing expectations

Euro falls to 1-week low versus dollar

* Spain yields rise as Moody's down****es 5 regions

* Yen hovers near 3-month low versus dollar

* Canadian dollar falls to 2-1/2 month low before BoC

By Jessica Mortimer

[winstead]

In this pair, as long as the level of Support at 127.70 is not broken, the movement is still expected to lead to rising bearish forecasts.

[amni570]

Yesterday�s trading the EUR/USD pair was trading within the price range and failed to develop the uptrend which was registered on Monday. The situation may result into completion of inner wave structure of supposed wave b, in this case the price can fall against the euro. At the same time we also should take into...

[Ladenboys]

After mortagage report this pair fallen below .60 level and now trade at 1.5942 mark.If it could break 1.5930 the 7 week low there may a dorr to see 1.57 and 1.54 mark.On the flip side 1.6010 and 1.6068 is possible.

[forexking2]

The trading range for today is among the key support at 125.70 and the key resistance at 130.35
The short term trend is to the downside target at 112.00 intact 150.00

[najmul.djd]

gbp/jpy technical analysis by using : average directional movement index

adx : 26.5705
+di : 10.9288
-di : 20.5536
timeframe : 1 hour

time : 2000
date : 23.10.2012

[Bieela_cute]

Elliott: common flat correction up 128.19
While above 127.17 - 126.83 zone a corrective dip could test 127.51 or 128.07.
Warning: Harami
Technical points
Key point 127.2600
Entry point 127.1700
Elliott 126.7100
Closing 127.3900
Projection 128.1900
Trendline 126.9600
Trendline 127.2000
Supports / Resistances
Res 2 128.7500
Ex-High 128.1900
Res 1 128.0700
Pivot 127.5100
Sup 1 126.8300
Ex-Low 126.9600
Sup 2 126.2800

[romannil]

Gbp/jpy technical analysis for 24.10.2012 by using : Auto pivot indicator.

resistance 3:129.34
resistance 2:128.77
resistance 1:128.09

pivot point :127.52

support 1:126.83
support 2:126.26
support 3:125.58

[nurdiantofxwave]

price is still difficult to penetrate daily pivot point (127.44). price fail to continue up movement, but up trend in short and medium term can affect price to go up again. stochastic signal in if m15 also confirmed in oversold area that indicates price can rise again.

[kakpay]

I think GBPJPY is trying to reach the resistance level at 127.39 now. Then, if GBPJPY can break that resistance level, this pair may goes up to the next resistance level at 128.11. But if fail to break, I think GBPJPY will continue falling to the support level at 126.71 or lower.

[sonyole]

Simple analysis of the GBP / JPY, Wednesday, October 24, 2012
In time frame 1 H, MACD and sell AO still in the area, while the WMA 50 and 100, there are no symptoms for the cross down. This shows that the pair GBP / JPY tends to move bearish, with the first destination is the price of 126.76 (support 1), and the second destination is 126.65 (lowest price on October 22, 2012). Good luck .............

[yudijoni]

GBPJPY still struggling across the 127.46/52 resistance. If successful the following target 127.70 through 127.52 and 127.94/128.00. crucial resistance at 128.16/25 level. If 127.46/52 persist and prices continue to fall through the 127.14 and 127.00, the bearish trend of increasingly strict with the nearest target 128.69. Support follows, 128.30

[ashaab]

http://i49.tinypic.com/28h0py0.gif

The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 125.70 and key resistance at 129.05. Based upon my chart analysis, I prefer to buying the pair above 127.80 with targets 128.40, 129.05 then 129.75 and stoploss with four hour candle closing below 126.15.

[ALLIANZ]

GBPJPY still struggling across the 127.46/52 resistance. If successful the following target 127.70 through 127.52 and 127.94/128.00.
crucial resistance at 128.16/25 level. If 127.46/52 persist and prices continue to fall through the 127.14 and 127.00,
the bearish trend of increasingly strict with the nearest target 128.69. Support follows, 128.30

[gandha]

nicetime to do a sell order at the area at this time, because of the possibility of a reversal will happen tomorrow as well to get down to the very strong.GBPJPY sell with a target of 50 pips, the price should be able to go back down, if the weekly trend to remain valid in an downtrend

[winstead]

GBPJPY still struggling break 127.46/52 resistance. If successful the following target 127.70 through 127.52 and 127.94/128.00.

[najmul.djd]

gbp/jpy technical analysis by using : average directional movement index

adx : 24.2666
+di : 19.9581
-di : 12.5807
timeframe : 1 hour

time : 2000
date : 24.10.2012

[hodhod2000]

At this point, intraday bias in GBP/JPY remains neutral with focus on 128.20 resistance. Break will suggest that consolidation from 128.28 is already completed and rise from 118.82 is finally resuming. In such case, bias will be back to the upside for 128.20 and then 133.48 resistance next

[Bieela_cute]

Elliott: irregular flat correction up 128.76
Corrective dips should ideally halt near 127.56 or 127.38 for one more thrust upwards towards 128.05 - 128.36 area or 128.72 in extention. Fall below 126.76 puts it back on a downward path.
Warning: Harami
Technical points
Key point 128.3800
Entry point 127.6800
Elliott 126.7100
Closing 127.9900
Projection 129.1100
Trendline 127.2000
Trendline 127.3300
Supports / Resistances
Res 2 128.7200
Ex-High 128.1000
Res 1 128.3600
Pivot 127.7400
Sup 1 127.3800
Ex-Low 127.1200
Sup 2 126.7600

[romannil]

Gbp/jpy technical analysis for 25.10.2012 by using : Auto pivot indicator.

resistance 3:129.35
resistance 2:128.73
resistance 1:128.36

pivot point :127.74

support 1:127.37
support 2:126.75
support 3:126.39

[kakpay]

We can see on the chart that GBPJPY had been rejected by the 128.11 resistance level for three times. Now, GBPJPY is trying to touch that resistance level again. Then, I also think that GBPJPY still in bullish sentiment as the main trend of GBPJPY. So, I expect GBPJPY will be able to break 128.11 resistance level and continue going up to the higher resistance level at 128.86.

[nurdiantofxwave]

GBP/JPY remains rise until now. Positif data and news able affect for price to move up. in technical, hma 32 had crossed up hma 192 that indicates price will continue up but limited because stochastic signal in all tf shown in overbought area.

[ispgamer]

Nice bulls. The MA on nice up and will probably more good opportunity to be take buy OP if the buyer here truly can move up more to that 128.19 (strong resistance for this pair = on this 4H TF). If that 128.19 was break, serach buy OP is better idea

[forexking2]

Expected trading range between 127.00 and 128.80
General tendency: UP

[ashaab]

http://i47.tinypic.com/2yy1u78.gif

The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 125.70 and key resistance at 129.05. Based upon my chart analysis, I prefer to stay aside from the pair until we get a confirm setup for the upcoming big move.

[turabawan8]

GBP/USD in tight range ahead of UK GDP data

After yesterday's sharp advance, the GBPUSD has entered into its usual consolidation phase Thursday in Asia. The rally was fueled by UK Prime Minister David Cameron's optimism for a strong GDP reading later today, and by the GBP-positive medium term outlook for BoE policy.

[winstead]

GBP / JPY has broken through to the outer side of the top of the short-term range between 126.71 and 128.24, which is a short-term positive. Strong resistance at 128.84 challenged. Observe also that given by the trendline resistance decreases.

[amni570]

USDCAD pushes higher again and 0.9990 looks within reach

[najmul.djd]

gbp/jpy technical analysis by using : average directional movement index

adx : 58.2917
+di : 21.6658
-di : 13.8784
timeframe : 1 hour

time : 1900
date : 25.10.2012

[hodhod2000]

GBP/JPY rose to as high as 129.43 so far in early US session and the break of 128.82 resistance confirmed resumption of whole rebound from 118.82. Bias remains on the upside and GBP/JPY should now target 100% projection of 120.82 to 128.82 from 124.72 at 132.72. On the downside, break of 127.09 minor support is needed to indicate short term topping. Otherwise, we'll stay bullish even in case of retreat

[raihan8212]

The British Pound was lower against the Japanese Yen on Friday.

GBP/JPY was trading at 129.27, down 0.13% at time of writing.

The pair was likely to find support at 126.75, Monday�s low, and resistance at 129.65, Thursday�s high.

[romannil]

Gbp/jpy technical analysis for 26.10.2012 by using : Auto pivot indicator.

resistance 3:131.81
resistance 2:130.73
resistance 1:130.08

pivot point :129.00

support 1:128.35
support 2:127.27
support 3:126.62

[nurdiantofxwave]

Upward movement of GBP/JPY hold by weekly ressistance 2 level (129.53). Since asian market opened ago price move down and go to daily pivot level (128.94). If price continue down, it predict touch this pivot level.

[kakpay]

If I see on the chart, I think the up trend still strong now. GBPJPY still has a potential to continue the up trend today. If GBPJPY can break the resistance level at 129.69 successfully, I expect this pair will go up and try to touch or hit the next resistance level at around 130.53.

[ahmed fakhry]

Prices are testing above resistance at 128.57, the 38.2% Fibonacci expansion, to aim for the 50% level at 129.47. This barrier is reinforced by the top of a rising channel set from the June 1 low (130.05). Alternatively, a reversal back below 128.57 targets minor channel resistance-turned-support at 126.53.

[ispgamer]

The bulls look still play here. And for intraday trade this bulls can become more nice up and good to be search for Buy OP here if truly the bulls candle here (then) can break up more to that resistance 129.61. If that happen better to search for buy. On other hand just wait and see as long as the price still move bellow that 129.61.

[hodhod2000]

The trading range for today is among the major support at 125.70 and the major resistance at 129.05.
The short-term trend is to the downside as far as 112.00 remains intact targeting 150.00.

[Jobs]

Increase the pound led to the pair broke the resistance level of 128.00 and drew a new high .. now is rolled back and think how to lead the price at 128.00 determine where to go next couple ...

[turabawan8]

EURUSD "Golden Cross" � and so what?

Review: Yesterday the Riksbank offered a surprise as it did not lower its interest rate.
However, it lowered its interest rate path and pointed out that the likelihood of an interest rate cut over the winter is strong. Hence central bank governor Stefan Ingves succeeded in finding backing for maintaining the rate unchanged. If the interest-rate committee had lowered the rate, Ingves would appear in a very bad light following his statements last week. The question was whether this meeting was a kind of �ok-Ingves-you-screwed-up-with-your-statements-but-this-time-we-accept-to-keep-the-rate-unchanged-if-we-can-lower-it-next-time'meeting (i.e. if the economic indicators remain weak/unchanged) or whether others in the monetary-policy committee in actual fact share Ingves' concerns about private borrowing and the housing market.

[Bieela_cute]

Elliott: impulse wave up 130.03
Uptrend is still intact in a triangle configuration. It should continue to rally to 130.49 or 130.07 if support around 129.01 hold. After which a pullback to 129.01 - 128.69 zone is possible.
Warning: Imminent end of bullish move
Technical points
Key point 130.0600
Entry point 128.9100
Elliott 126.7100
Closing 129.4300
Projection 130.0300
Trendline 127.8100
Trendline 128.7700
Supports / Resistances
Res 2 130.7100
Ex-High 129.6500
Res 1 130.0700
Pivot 129.0100
Sup 1 128.3700
Ex-Low 127.9400
Sup 2 127.3000

[ashaab]

http://i49.tinypic.com/f066xl.gif

The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 126.85 and key resistance at 131.80. Based upon my chart analysis, I prefer to buying the pair above 129.05 with targets 130.35, 131.15 then 131.80 and stoploss with four hour candle closing below 128.25.

[hodhod2000]

The trading range for today is among the major support at 126.85 and the major resistance at 131.80.
The short-term trend is to the downside as far as 112.00 remains intact targeting 150.00.

[najmul.djd]

gbp/jpy technical analysis by using : average directional movement index

adx : 39.0078
+di : 8.2721
-di : 23.4893
timeframe : 1 hour

time : 1900
date : 26.10.2012

[mdjoy16]

form hua ta ise liye 50-60 pips upar ja sakta hai, ise hamer dina ka ya 4 ganta ka chart me mila to jada pips kama sakta hai. good like

[mdjoy50]

is nearing the low and the major revesal will happen soon.....watchout at 129 - 128 area to enter long next week good like forex good like

[Bieela_cute]

GBPJPY next week

Elliott: elongated flat correction up 129.35
Resistances lie around 128.89 and 129.61. It should test lower towards 126.67 zone. A clear break of 128.00 would be bearish.
Warning: End of trend
Technical points
Key point 128.3000
Entry point 127.8100
Elliott 124.7500
Closing 128.1200
Projection 129.7200
Trendline 126.8200
Trendline 127.8700
Supports / Resistances
Res 2 131.1000
Ex-High 129.6500
Res 1 129.6100
Pivot 128.1600
Sup 1 126.6700
Ex-Low 126.7100
Sup 2 125.2200

[amni570]

GBPJPY can push to the 129 level, but there is no value in pushing beyond that area at this point

---------- Post added at 02:18 PM ---------- Previous post was at 02:10 PM ----------

GBPJPY can push to the 129 level, but there is no value in pushing beyond that area at this point

[romannil]

Gbp/jpy technical analysis for 29.10.2012 by using : Auto pivot indicator.

resistance 3:130.95
resistance 2:130.30
resistance 1:129.29

pivot point :128.64

support 1:127.63
support 2:126.98
support 3:125.96

[Bieela_cute]

Elliott: flat correction down 127.14
It looks more likely that it would rise to 129.14 - 130.15 from 128.06 or 127.55. After which a downside move is expected.
Warning: Harami
Technical points
Key point 127.9500
Entry point 128.7500
Elliott 129.6500
Closing 128.1200
Projection 126.7100
Trendline 128.2900
Trendline 128.4300
Supports / Resistances
Res 2 130.1500
Ex-High 129.5800
Res 1 129.1400
Pivot 128.5700
Sup 1 127.5500
Ex-Low 128.0000
Sup 2 126.9800

[ashaab]

http://i46.tinypic.com/2h3ac09.gif

The short term trend of the pair is to the downside. Intraweek trading range of the pair is expected among key support at 125.70 and key resistance at 131.85. Based upon my chart analysis, I prefer to stay aside from the pair until we get a confirm setup for the upcoming big move.

[kakpay]

Price
Date: 29/10/2012

Price and moving averages:
GBPJPY has closed above its Short time moving average.
Short time moving average is currently above mid-time, AND above long time moving averages.
The relationship between price and moving averages is: bullish in short-term, and bullish in mid-long term.

Bollinger Bands:
GBPJPY has closed below upper band by 29.3%.
Bollinger Bands are 37.9% wider than normal.
The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

This commentary is not a recommendation to buy or sell. Use at your own risk.

[mdjoy50]

Main ye thread GBPJPY ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon. good like forex forum indian

[sonyole]

For GBP / JPY, Monday, October 29, 2012.
GBP / JPY include pair with high volatility. In the time frame H1, AO indicator, MACD and CCI, is in the area sell. While WMA 100 and 50, will cross to sell. Therefore, the transaction is more secure sell with a target profit 127.05 (lowest October 24, 2012). Good luck .....

[nurdiantofxwave]

When move around daily pivot level (128.15), GBP/JPY can not move up, otherwise it retrace down after move around this level. price still affect by bearish medium trend. price will touch 127.59 as daily support level 1 if it still continue down.

[turabawan8]

Pivot point (level of invalidation): 128.85

Our preference: Short positions below 128.85 with targets at 127.9 and 127.5 in extension.

Alternative scenario: Above 128.85, we expect further upside with 129.65 and 130.35 target.

Technical Comments: the RSI is bearish mixed.

[forexking2]

The stability of the 124.55 support level makes a positive price through the medium, if it does not penetrate the price support for the mentioned channel brings us back to the waiting levels around 130.15 in the coming period.

[new-FX]

http://img89.imageshack.us/img89/1598/imagemk.gif

Price pair is still stable above the support level around 102.30 to remain bullish price
It is worth mentioning that the level of 102.30 is also the level of support, which has long tried to pair unshielded

Price stability above this level we expect to rise up to the level of 107.20 during the coming period.

Stochastic is bearish wave, which makes price dialogue with a new level of support from

[forexking2]

The trading range for this week is among the key support at 123.75 and the key resistance at 131.85

The short term trend is to the downside target at 112.00 intact 150.00

[yudijoni]

GBPJPY selling pressure that plagued the trend line is still stuck on the 4 hour chart (127.57), if break below 127.50 next target, 127.20; then 126.93.Support crucial, 126.69. If 127.50 persist and prices rebound, will test initial resistance 128.28; then 128.42. Strong resistance, 128.84

[najmul.djd]

gbp/jpy technical analysis by using : average directional movement index

adx : 26.4049
+di : 15.4969
-di : 20.5962
timeframe : 1 hour

time : 2000
date : 29.10.2012

[hodhod2000]

The trading range for this week is among the major support at 125.70 and the major resistance at 131.85.

The short-term trend is to the downside as far as 112.00 remains intact targeting 150.00.

[pish]

downword trend, but I have just scooped 20 pips from a buy right now. 127.00 sell target, 124.00

[tradergalau]

GBPJPY is moving around the 128.11 support level now. If GBPJPY can break this support level and also break the last Friday's low, it will open a chance for GBPJPY to continue falling today and touch the lower support level at around 127.39.

[romannil]

Gbp/jpy technical analysis for 30.10.2012 by using : Auto pivot indicator.

resistance 3:129.06
resistance 2:128.69
resistance 1:128.30

pivot point :127.93

support 1:127.54
support 2:127.17
support 3:126.78

[nurdiantofxwave]

GBP/JPY fell down after touch daily ressistance 1 level (128.24). price down until level daily support 2 (127.13). And now, price shown retrace up but the speed is weak. Price predicted will down again because trend for medium term confirm bearish.

[sonyole]

GBP / JPY, October 30, 2012, all indicators on the H1 time frame is still in the area sell. But AO indicator on H4 time already at zero price, WMA 50 and 100 still shows up trend. This shows that the pair GBP / JPY will continue to trend up, after yesterday corrected enough. As a destination for a buy is the price of 127.87 (pivot) and 128.24 (support 1). Good luck .........

[new-FX]

http://img221.imageshack.us/img221/7821/imagex.gif

Settled Gbp/ JPY after he tried to breach the 127.20
SMA 55 supports positive price stability on the level of 127.20.

Unexpected positive rate and achieve the level of 129.00 during the period near with the stability of the support level around 124.60.

Stochastic supports positive

[forexking2]

Price settled after he tried to break the support level rising channel trading positively since this morning, SMA 55 supports positive price Bthbath around level of 127.20.

[ashaab]

http://i47.tinypic.com/25gcnjo.gif

The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 126.15 and key resistance at 129.05. Based upon my chart analysis, I prefer to buying the pair above 127.10 with targets 128.40, 129.05 then 129.75 and stoploss with four hour candle closing below 126.15.

[forexking2]

Support 127.10 126.85 126.45 126.15 125.70
Resistance 127.80 128.40 128.80 129.05 129.75

[najmul.djd]

gbp/jpy technical analysis by using : average directional movement index

adx : 20.1118
+di : 28.1719
-di : 17.2721
timeframe : 1 hour

time : 1800
date : 30.10.2012

[suzonbmw03]

GUYS,as expected this pair making a strong bearish movement right after the news release yesterday......and the support line has been broke by yesterday move but becareful i think this pair is nearing the low and the major revesal will happen soon.....watchout at 129 - 128 area to enter long next week.But beofre going more down we may see some up movement again to hit the Upper trendline.

[nurdiantofxwave]

After retraced up from its lowest price level yesterday, it shown sideways movement until now. Price still move in area 127.80-128.05. Price move limited with tend to down weak. Today, price predicted will go up again but limited.

[romannil]

Gbp/jpy technical analysis for 31.10.2012 by using : Auto pivot indicator.

resistance 3:130.13
resistance 2:129.32
resistance 1:128.66

pivot point :127.85

support 1:127.19
support 2:126.38
support 3:125.72

[ashaab]

http://i50.tinypic.com/2qu7slv.gif

The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 126.15 and key resistance at 129.05. Based upon my chart analysis, I prefer to buying the pair above 127.80 with targets 129.05, 129.75 then 130.35 and stoploss with four hour candle closing below 126.85.

[hodhod2000]

The pull back from 129.64 could extend lower. But note again that as long as 124.72 support holds, rebound from 118.82 is still in favor to continue. Above 128.45 minor resistance will turn bias back to the upside for 129.64 first. Though, break of 124.72 is a sign of reversal and will turn outlook bearish.

[winstead]

Resistance around 128.50. A clear break above that area could trigger further bullish pressure testing 129.00/50, but if a clear break below that area could trigger further bearish pressure testing 127.00.

[rabbi89]

form hua ta ise liye 50-60 pips upar ja sakta hai, ise hamer dina ka ya 4 ganta ka chart me mila to jada pips kama sakta hai. good like forex forum

[najmul.djd]

gbp/jpy technical analysis by using : average directional movement index

adx : 36.8091
+di : 19.8877
-di : 10.9089
timeframe : 1 hour

time : 1900
date : 31.10.2012

[forexking2]

Expected trading range between 127.80 and 130.10 for the day
General trend is to the upside

[shohel12]

gbpusd market analysis based on moving averages on 01.11.2012 at 0830 hrs and 15 minute timeframe

ema5: 129.1700
ema10: 129.1337
ema20:129.0975
ema50: 128.9796

[hodhod2000]

Intraday bias in GBP/JPY remains on the upside for 129.64 resistance. Break will confirm resumption of whole rebound from 118.82 and target channel resistance (now at 130.61). On the downside, below 128.09 minor support will delay the bullish case and bring another fall to extend the consolidation from 129.64. However, we'll stay bullish as long as 124.72 support holds and expects further rally ahead.

[najmul.djd]

gbp/jpy technical analysis by using : average directional movement index

adx : 29.5926
+di : 13.7232
-di : 11.9208
timeframe : 1 hour

time : 2000
date : 01.11.2012

[raihan8212]

The British Pound was higher against the Japanese Yen on Friday.

GBP/JPY was trading at 129.45, up 0.16% at time of writing.

The pair was likely to find support at 127.04, Tuesday�s low, and resistance at 129.46, today�s high.

[Bieela_cute]

Elliott: common flat correction up 129.65
One move lower to 128.80 or 128.36 is anticipated while below 129.35 - 129.57 area. Stop loss above 129.89 zone.
Warning: Imminent end of bullish move
Technical points
Key point 129.7300
Entry point 129.4800
Elliott 127.0400
Closing 129.2500
Projection 129.6500
Trendline 128.9000
Trendline 129.5100
Supports / Resistances
Res 2 129.8900
Ex-High 129.4500
Res 1 129.5700
Pivot 129.1300
Sup 1 128.8000
Ex-Low 128.6800
Sup 2 128.3600

[VANDA_S]

http://sadpanda.us/images/1236826-C66QUZZ.png
On daily chart price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
* 21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Target: 132.87

[hodhod2000]

Intraday bias in GBP/JPY remains on the upside for 129.64 resistance. Break will confirm resumption of whole rebound from 118.82 and target channel resistance (now at 130.70). On the downside, below 128.41 minor support will delay the bullish case and bring another fall to extend the consolidation from 129.64. However, we'll stay bullish as long as 124.72 support holds and expects further rally ahead.

[new-FX]

http://img694.imageshack.us/img694/1103/imagefd.gif

Pair price to settle at a high level since yesterday's trading to settle on the price of 129.40
Continued positive makes us expect more positive in the near and down to the level of 130.30 then 131.30.

Stability about moving average support level channel supports the continuity of the positive price

[Jobs]

But recently a couple good growing and there is another resistance 129.30 ... now the British pound is growing very well in the market .. so consolidation above 129.30 is realistic, well, then next target 131.50 ...

[hodhod2000]

The trading range for today is among the major support at 127.10 and the major resistance at 131.85.

The short-term trend is to the downside as far as 112.00 remains intact targeting 150.00.

[najmul.djd]

gbp/jpy technical analysis by using : average directional movement index

adx : 25.5982
+di : 9.6535
-di : 19.2080
timeframe : 1 hour

time : 2000
date : 02.11.2012

[raihan8212]

very nice!!! so where is the prefect sell?

[hodhod2000]

GBP/JPY jumped to as high as 129.60 last week but failed to take out 129.64 and retreated. The development argues that consolidation from 129.64 is possibly still in progress. Intraday bias is neutral this week. Below 128.41 will bring deeper fall to 127.03 and below. But after all, we'll stay bullish as long as 124.72 support holds and expect rise from 118.82 to continue later. Break of 129.64 will target upper channel resistance

[mdjoy50]

yes you are right its come down fast trading good general forex forum indian good happy

[Bieela_cute]

Elliott: flat correction down 128.02
It looks more likely that it would rise to 129.40 - 129.96 from 128.77 or 128.49. After which a downside move is expected.
Technical points
Key point 128.5300
Entry point 129.0700
Elliott 129.6100
Closing 128.8500
Projection 128.0200
Trendline 129.2400
Trendline 129.2600
Supports / Resistances
Res 2 129.9600
Ex-High 129.6100
Res 1 129.4000
Pivot 129.0500
Sup 1 128.4900
Ex-Low 128.7000
Sup 2 128.1400

[VANDA_S]

http://i.imgur.com/AOwPr.png
On the Daily chart price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
* 21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Target: 131.73

[nurdiantofxwave]

Gbp/jpy success to retrace up until touch daily pivot level (129.00). Although price still affected bearish trend in medium trend, it is shown trying to up. But if it can break up daily pivot level, it may move up but still limited.

[forexking2]

Expected trading range between 128.80 and 130.30 for the day
General trend is to the upside

[romannil]

Gbp/jpy technical analysis for 05.11.2012 by using : Auto pivot indicator.

resistance 3:130.46
resistance 2:130.04
resistance 1:129.55

pivot point :129.12

support 1:128.63
support 2:128.21
support 3:127.71

[Emma]

Trying to catch a rebound from support 128.00 (+ another figure), a pair of marking time for several hours and can not break it, it seems here there was a buyer, I think it will lead to at least a couple of corrections, the stochastic signal to buy.

[winstead]

GBPJPY got a strong enough selling pressure than ever to be in the price of 129.08 and now the pair is in the support level of 128.11, if the pair continues to fall and the next target level pierced 128.00 support level at 127.55.

[najmul.djd]

gbp/jpy technical analysis by using : average directional movement index

adx : 54.2668
+di : 7.3958
-di : 22.6198
timeframe : 1 hour

time : 1900
date : 05.11.2012

[hodhod2000]

The trading range for this week is among the major support at 123.75 and the major resistance at 131.85.

The short-term trend is to the downside as far as 112.00 remains intact targeting 150.00.

[Bieela_cute]

Elliott: flat correction down 127.41
One more dip to 128.15 - 127.85 is likely followed by a grind higher to 128.69 - 128.92. After which it can resume its downtrend.
Warning: Imminent end of bearish move
Technical points
Key point 128.0600
Entry point 128.4300
Elliott 129.6100
Closing 128.3000
Projection 128.0200
Trendline 129.0800
Trendline 128.5400
Supports / Resistances
Res 2 129.5300
Ex-High 129.0800
Res 1 128.9200
Pivot 128.4600
Sup 1 127.8500
Ex-Low 128.0100
Sup 2 127.3900

[forexking2]

Expected trading range between 128.50 and 130.30 for the day
General tendency: UP

[nurdiantofxwave]

In short term, price shown up and down in area between 127.79 and 128.26. Price make a zig-zag pattern that shown in chart tf m15. Now, price go down again and predicted will continue down and touch daily support 1 level (127.77) again.

[VANDA_S]

http://sadpanda.us/images/1241921-OEOBN5U.png
In M30 chart, price is below the 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
21 RSI is below 50 indicates the trend is still down
Recommendation: SELL
Target: 126.97

[winstead]

GBPJPY began to rise slowly, though limited, due to the obstacles get 128.35 resistance area, if the pair is able to pass through this resistance area the price will go to the next resistance at 128.97.

[forexking2]

The trading range for today is among the key support at 126.15 and the key resistance at 129.05

The short term trend is to the downside target at 112.00 intact 150.00

[dollar]

yesterday price is moving up side but not able to cross last open price 128.72 so i think this pair is ready to move down side and able to make more down movement we can short this pair and take profit is near to 127.49 stop loss is 128.88

[romannil]

Gbp/jpy technical analysis for 07.11.2012 by using : Auto pivot indicator.

resistance 3:129.79
resistance 2:129.27
resistance 1:128.90

pivot point :128.38

support 1:128.02
support 2:127.50
support 3:127.13

[nurdiantofxwave]

After fell down to monthly pivot level (127.62), price shown go back up strong. This is a special momment for GBP/JPY. If it is able to keep this movement, it will rise strong until back to opening level in asian market session now. Level 128.44 will be next barrier level for price to rise.

[Bieela_cute]

Elliott: flat correction up 129.36
It should test 129.03 area after which a sell off down to 128.02 or extended to 127.51 area is expected.
Technical points
Key point 128.7800
Entry point 128.3200
Elliott 127.8600
Closing 128.5400
Projection 128.9400
Trendline 128.5500
Trendline 128.3800
Supports / Resistances
Res 2 129.2500
Ex-High 128.7300
Res 1 128.8900
Pivot 128.3800
Sup 1 128.0200
Ex-Low 127.8600
Sup 2 127.5100
Channels & Oscillator

[Chaudhry]

Gbp/jpy bohat acha trading pair hay magar is ko samajna thora sa mushkil hay agar ap is ko samaj lay to phir ap easily profit earn ker saktay ho or ap ko koi masla nahi ho ga trading mein profit earn kernay kay liye.

[new-FX]

http://img577.imageshack.us/img577/719/images.gif

Price came back positive narrow trading so far without achieving higher levels of 129.60.

Still expected Sari achievement levels around 131.80 but we are waiting for a strong wave help the pair to achieve his goals.

Stochastic is showing the strength of the bullish trend after he had reached the stage of saturation sale

[rashedul]

as awaited this duet making a rugged bearish movement opportune after the interest termination yesterday......and the support pedigree has been bust by yesterday act but becareful i cogitate this twosome is nearing the low and the solon reversal give happen presently.....watch out at 129 - 128 extent to commence longstanding close hebdomad

[winstead]

After being dropped in the beginning of the session, GBPJPY rebound from 127.66 support area and now are bullish towards 128.63 Resistance area.