Gbp/Jpy

[hodhod2000]

Consolidation from 129.64 is still in progress and deeper decline could be seen to 127.03 and below. But, 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 (now at 130.73)

[forexking2]

Expected trading range for the day between 128.30 and 129.60
General tendency: UP

[romannil]

Gbp/jpy technical analysis for 08.11.2012 by using : Auto pivot indicator.

resistance 3:130.14
resistance 2:129.50
resistance 1:128.69

pivot point :128.05

support 1:127.24
support 2:126.60
support 3:125.79

[new-FX]

http://img521.imageshack.us/img521/3887/imagefj.gif

Price pair could not achieve positive new bullish tendency to re-price decline to form a negative prompt

It should be mentioned that the pair remains his tendency rising steadily 124.60 support level
The current bearish wave may reach the level of 126.40

Stochastic fall down to limit the level of saturation sale

[winstead]

GBPJPY weakened since failed to break resistance at 129.65. Key short-term support area is located between 127.04 and 126.71. Resistance at 128.85. A series of higher lows more towards the bullish bias.

[hodhod2000]

The consolidation pattern from 129.64 is still in progress and deeper fall could be seen. But, 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 (now at 130.73).

[suzonbmw]

As expected this pair making a strong bearish movement right after the news release yesterday. ise hamer dina ka ya 4 ganta ka chart me mila to jada pips kama sakta hai.

[winstead]

Downtrend should end up in the range of 125.65, for the next rally to above 126.44. If GBPJPY continues to move down and fall to below 125.60 to continue the bearish trend.

[romannil]

Gbp/jpy technical analysis for 14.11.2012 by using : Auto pivot indicator.

resistance 3:127.52
resistance 2:127.09
resistance 1:126.54

pivot point :126.11

support 1:125.55
support 2:125.13
support 3:124.57

[Hidden Rain]

hi guyss, my trade plan for GBP/JPY.. please advices...

http://s7.postimage.org/cb5xljoff/2012_11_14_11_31_Microsoft_Excel.jpg

[forexking2]

Expected trading range for the day between 126.10 and 128.80
General tendency: UP as 124.60 remains intact

[Bieela_cute]

Elliott: elongated flat correction down 125.20
Warning: Engulfing pattern
Technical points
Key point 125.8100
Entry point 126.2200
Elliott 126.6400
Closing 125.9800
Projection 125.6800
Trendline 126.2100
Trendline 126.2100
Supports / Resistances
Res 2 127.0600
Ex-High 126.6400
Res 1 126.5200
Pivot 126.1000
Sup 1 125.5600
Ex-Low 125.6800
Sup 2 125.1400

[Emma]

The couple began to file the first signs of a turn to the north, was formed on the hourly chart buy signal (the pair broke the sliding alligator) also took the sample resistance 126.50, now have to wait for a good point to buy, there is potential for growth.

[najmul.djd]

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

adx : 39.0671
+di : 21.9781
-di : 9.6085
timeframe : 1 hour

time : 1400
date : 14-11-2012

[new-FX]

http://img834.imageshack.us/img834/1889/imageia.gif

Pair is trading at price fell yesterday to come in contact with the average support level mentioned about 125.75 is then directed to resume the bullish tendency rookie year.

Price settled above the moving average level down to the level of 127.00 almost expect further upside down to 128.80 in the event of price stability above average support level.

Overall price is still trading above the key support level 124.60.

Stochastic is trying to get rid of the level of saturation positive sales for the renewal in the near and medium

[forexking2]

Pair is trading at price fell yesterday to come in contact with the average support level mentioned about 125.75 is then directed to resume the bullish tendency for the price, a bullish tendency.

[romannil]

Gbp/jpy technical analysis for 15.11.2012 by using : Auto pivot indicator.

resistance 3:129.31
resistance 2:128.42
resistance 1:127.77

pivot point :126.88

support 1:126.23
support 2:125.34
support 3:124.69

[tradergalau]

GBPJPY has been rejected by the resistance level at 127.39. But I think the up trend still strong enough. So, GBPJPY may tries to touch that resistance level again. Then, if GBPJPY can break that resistance, this pair may continue going up to the next resistance level at around 128.11

[Bieela_cute]

Elliott: flat correction up 128.06
Current rise seems to be over near 127.32 or 127.76 for a retracement towards 126.87 - 126.55 area.
Warning: Imminent end of bullish move
Technical points
Key point 127.4900
Entry point 126.7000
Elliott 125.6800
Closing 127.1200
Projection 127.6400
Trendline 125.9800
Trendline 126.2800
Supports / Resistances
Res 2 128.4000
Ex-High 127.5100
Res 1 127.7600
Pivot 126.8700
Sup 1 126.2300
Ex-Low 125.9800
Sup 2 125.3400

[Tyler7]

Over the last few hours a couple of strong convergence to the north - after such movements typically have a high probability of correction, but that the rate is approaching the resistance of 128.60, I think of it be correct to expect the beginning of the South, as is already evident near stop and 5 minute chart double tip is formed.

[new-FX]

http://img9.imageshack.us/img9/5194/imagesg.gif

The pair GBP / JPY to get rid of the negative axis, which settled him for a short period of trading around the 125.75 level to achieve a positive and clear during yesterday's trading session and continue on this positive today and strongly rising up now at 128.80 levels

Stochastic supports bullish tendency to form a clear positive prompt which could mean up the pair to 129.60 soon

[tune]

GBP/JPY (GBPJPY=X) -CCY
128.57 1.5057(1.1800%) 7:05AM EST
Prev Close: 127.0643
Open: 127.0502
Bid: 128.56
Ask: 128.58
Day's Range: 127.0028 - 128.8001
52wk Range: 117.3314 - 133.481

[FREEDOM]

Wow, the bullish trend is very strong for gbp/jpy because it was succeed to breakthrough resistance 2 level 128.33 and still stay above it. The re-test will occur soon and lets see whether pass it or pullback. Take long position after got pullback is good choice to trade.

[dollar]

Time frame- H4
we can see a good resistance trend line and that is not able to breal price is rejected from this level 128.90
we can see price will move down side if it break its pivot point 128.23

daily pivot point-

r3- 131.57
r2- 130.27
r1- 129.53

pivot point- 128.23

s1- 127.48
s2- 126.18
s3- 125.43

[romannil]

Gbp/jpy technical analysis for 16.11.2012 by using : Auto pivot indicator.

resistance 3:131.59
resistance 2:130.29
resistance 1:129.53

pivot point :128.24

support 1:127.48
support 2:126.18
support 3:125.42

[Bieela_cute]

Elliott: irregular flat correction up 129.59
Uptrend is still intact in a triangle configuration. It should continue to rally to 130.13 or 129.54 if support around 128.24 hold. After which a pullback to 128.24 - 127.87 zone is possible.
Warning: Imminent end of bullish move
Technical points
Key point 129.6200
Entry point 128.2500
Elliott 125.6800
Closing 128.7900
Projection 130.8000
Trendline 126.8500
Trendline 127.9000
Supports / Resistances
Res 2 130.2900
Ex-High 128.9900
Res 1 129.5400
Pivot 128.2400
Sup 1 127.4900
Ex-Low 126.9400
Sup 2 126.1900

[forexking2]

Expected trading range for the day between 127.90 and 129.40
General tendency: UP

[winstead]

GBPJPY continued bullish move after rebound from 128.40 Support, we will receive a strong indicator for another bullish signal that would allow a target 127.20 resistance level.

[ronyrhm]

On the heels of massive Yen rally in summer 2007, later named by main stream press the "unwind of the carry trade",we published an article about anticipated direction of GBP-JPY. For details please see previous writing "Trading Forex- GAP-JOY outlook".

[najmul.djd]

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

adx : 18.8373
+di : 17.5096
-di : 11.4467
timeframe : 1 hour

time : 1800
date : 16.11.2012

[johny subiarto]

GBPJPY continued bearish momentum yesterday, the lowest at 128.65 but traded higher around 129.54 at the time I wrote this comment. bias is neutral in nearest term but still within a major bearish scenario. Immediate resistance at 130.50 followed by 130.80. Break above 130.80 could trigger further upside correction but as long as price moves inside the major bearish channel I still prefer a bearish scenario. On the downside, a break below 128.65 to continue the bearish scenario testing 126.75.

[heartlove]

The trading rang for today is among the major support @ 128.20 and the key of resistance @ 130.65.
The general over short term basis is to the downside targeting 128.90 as far as area of 128.20.

[mostafaaa39]

if we see its line chart we find ye pair lagatar niche gir rahaa hai...ho sktaa hai kuch week me ye apne previous down ko touch kr legaa

[Bieela_cute]

Scenario for next week
Elliott: irregular flat correction up 130.59
It looks set for gains to 130.34. Supports at 127.39 and 126.77. A break of 124.44 will damage this bullish structure.
Warning: Engulfing pattern
Technical points
Key point 130.7400
Entry point 128.2100
Elliott 125.6800
Closing 129.1000
Projection 132.1000
Trendline 127.4900
Trendline 127.4900
Supports / Resistances
Res 2 131.5800
Ex-High 129.2500
Res 1 130.3400
Pivot 128.0100
Sup 1 126.7700
Ex-Low 125.6800
Sup 2 124.4400

[forexking2]

the price candle now on move near that strong supply zone 129.50. As long as that 129.50 can not be break up by buyer . better (SL for sell above that 129.50 - of course).

[6365]

the price candle now on move near that strong supply zone 129.50. As long as that 129.50 can not be break up by buyer . better (SL for sell above that 129.50 - of course).

I think its the time to sell JPY related pairs, especially GBP/JPY will going to hit the trend line at around 130 level, we can sell it at the level and targeted price is between 126 and 127 based on market movement on starting days of the next week.

[trader bank]

advisable to open a position on a currency pair, we must understand what tools should be used to analyze the GBP / JPY daily chart with the setup .... how well each of the indicators and the like ... where we apply .... ok

[dollar]

weekly analysis-

if we draw a trend line then we found this pair is now acting it is weekly resistance trend line. price having a good resistance at 129.50 range. price is not able to cross this level but 123.XX is also acting a good support we can see the price will break its resistance 129.50 and try to reach 130.xx

[hodhod2000]

GBP/JPY's strong rebound last week indicates that correction form 129.64 has already completed at 125.67 and rise fro 118.82 is resuming soon. Initial bias remains on the upside this week for 129.64 resistance. Break will target upper channel resistance (now at 131.20) next. On the downside, below 128.25 minor support will turn bias neutral and bring consolidations. But retreat should be contained well above 125.67 support and bring another rise.

[Bieela_cute]

Scenario for today
Elliott: irregular flat correction up 129.59
Current rise should end around 129.48. Objectives of this downmove are 128.49 or 127.89. A rise above 129.86 is again bullish.
Warning: Imminent end of bullish move
Technical points
Key point 129.8100
Entry point 129.2800
Elliott 125.6800
Closing 129.1000
Projection 130.8000
Trendline 128.2400
Trendline 129.5900
Supports / Resistances
Res 2 129.8600
Ex-High 129.2500
Res 1 129.4800
Pivot 128.8700
Sup 1 128.4900
Ex-Low 128.2600
Sup 2 127.8900

[dollar]

Today’s technical analysis

Resistance 3- 130.50
Resistance 2- 129.88
Resistance 1- 129.48

Pivot point- 128.87

Support 1- 128.47
Support 2- 127.85
Support 3- 127.45

[najmul.djd]

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

adx : 27.8886
+di : 21.8321
-di : 15.4311
timeframe : 1 hour

time : 0400
date : 19-11-2012

[romannil]

Gbp/jpy technical analysis for 19.11.2012 by using : Auto pivot indicator.

resistance 3:130.58
resistance 2:129.94
resistance 1:129.55

pivot point :128.90

support 1:128.52
support 2:127.87
support 3:127.48

[erespe]

GBPJPY analysis:
ADX: Buy
RSI: Buy
MA: Buy
Stoch: Sell

Buy is still exist, the pair may goes up towards 129.85, but be aware of reversal.

[tradergalau]

After a great bullish movement on the last week, I think GBPJPY is trying to reach the resistance level at 129.69 now. Then, if GBPJPY can break that resistance, GBPJPY may continue the bullish movement to the next resistance level at 130.53.

[forexking2]

the price candle look pullback down from that 123.6 fibo at 129.73 so, just be aware with bearish correction if then buyer still can not break up to more that 123.6 fibo 129.73. So, search for sell and SL max. at above 123.6 fibo 129.73

[new-FX]

http://img600.imageshack.us/img600/351/imagermd.gif

Rate stabilized pair trades on Friday about the level of 129.20, trying to penetrate this level to see a bullish trend that down to 130.70.

129.60 a resistance level against price may constitute an obstacle to the pair that you should be aware that the bullish trend continues but correction may occur in the event of failure of price broke the mentioned level.

Stochastic settle in buying saturation which supports a bullish tendency yet.

[dollar]

Today’s technical analysis ( daily time frame-20-11-12)

Resistance 3- 130.64
Resistance 2- 130.18
Resistance 1- 129.84

Pivot point- 129.38

Support 1- 129.04
Support 2- 128.58
Support 3- 128.24

Price is trying t move down side if support level 128.90 is breaked we can short it with 128.58 take profit and stop loss is 129.38

[najmul.djd]

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

adx : 14.4685
+di : 14.5710
-di : 16.9124
timeframe : 1 hour

time : 0400
date : 20-11-2012

[romannil]

Gbp/jpy technical analysis for 20.11.2012 by using : Auto pivot indicator.

resistance 3:130.67
resistance 2:130.20
resistance 1:129.86

pivot point :129.39

support 1:129.05
support 2:128.59
support 3:128.24

[sheila]

Support: 128.56
Pivot: 129.36
Resistance: 130.17

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis For GBPJPY 80% Buy

[tradergalau]

Basically, GBPJPY still in bullish trend until now. GBPJPY may touches the resistance level at 129.69 and if GBPJPY can break that resistance, this pair will cntinue going up to the next resistance level at 130.53. But if GBPJPY can fall and break 128.86 support, GBPJPY may makes some correction to the lower support level at 128.11.

[Bieela_cute]

Scenario for today
Elliott: irregular flat correction up 130.06
Current rise should end around 129.85. Objectives of this downmove are 129.05 or 128.59. A rise above 130.19 is again bullish.
Warning: Imminent end of bullish move
Technical points
Key point 130.1500
Entry point 129.8100
Elliott 125.6800
Closing 129.5100
Projection 130.8000
Trendline 129.3300
Trendline 129.9200
Supports / Resistances
Res 2 130.1900
Ex-High 129.7300
Res 1 129.8500
Pivot 129.3900
Sup 1 129.0500
Ex-Low 128.9300
Sup 2 128.5900

[johny subiarto]

Pair GBPJPY, the H4 TF
06:05 server time, date 20.11.2012
Open 129.24
High 129.35
Low 129.06
Close 129.25
volume 478
MA (10) 129.17
MA (20) 128.76
MA (30) 127.99
fractal Up
fractal Down
SpreadIndicator
clock
TrendByAngle
! _Spread_Hi_Lo
clock
Indicator window 1
Stoch (5,3,3) 76.5625
Signal 61.3976

Very nice, 3 MA and Stoch line, there is no word other than the conclusion bullish for this pair.

[forexking2]

this pair on still sideways near bellow that strong supply zone (129.70) this will be look a probably to change trend to bearish as long as that 129.70 can not be break up by buyer and change to bearish if supported by the nice strong bearish candle

[Jobs]

Japanese currency continues its decline and the pair GBP / JPY is now broken the resistance level and it seems to be fixed up round numbers 130 Thurs ... so it is very possible that growth will continue upward, and the next level ...

[najmul.djd]

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

adx : 40.3469
+di : 25.0830
-di : 6.8073
timeframe : 1 hour

time : 0400
date : 21.11.2012

[romannil]

Gbp/jpy technical analysis for 21.11.2012 by using : Auto pivot indicator.

resistance 3:131.69
resistance 2:130.94
resistance 1:130.51

pivot point :129.77

support 1:129.34
support 2:128.60
support 3:128.17

[tradergalau]

Basically, GBPJPY still in strong bullish movement. If GBPJPY can break the 130.53 resistance level, this pair will go up to the next resistance level at 131.36. But if GBPJPY fall and break 129.69 support level, this pair will make some correction to the next support level at around 128.86.

[sheila]

Support: 128.56
Pivot: 129.74
Resistance: 130.91

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis For GBPJPY 80% Buy

[Bieela_cute]

Scenario for today
Elliott: elongated flat correction up 130.80
Uptrend is still intact in a triangle configuration. It should continue to rally to 130.17 or 130.51 if support around 129.77 hold. After which a pullback to 129.77 - 129.55 zone is possible.
Technical points
Key point 130.5500
Entry point 130.0300
Elliott 125.6800
Closing 130.0800
Projection 130.8000
Trendline 129.6400
Trendline 129.7900
Supports / Resistances
Res 2 130.9400
Ex-High 130.2000
Res 1 130.5100
Pivot 129.7700
Sup 1 129.3400
Ex-Low 129.0300
Sup 2 128.6000

[Ar33797ic]

but for several days a couple of very good walks shows that keeps the levels mean big money trading the big players ... so I think needed to fly with them ... there are some good prices for purchases 129.55 .. unless of course will lower again .. .

[new-FX]

http://img818.imageshack.us/img818/9773/imagelt.gif

broke GBP / JPY today's level of 130.70 and completed a trip to climb the support of the stochastic

Price now vector to reach the levels of 131.80, but he had some fluctuation occurs as a result similar to stochastic

[winstead]

GBPJPY has ruined declining trendline and resistance at 129.65. A movement towards the next resistance at 131.83 is expected. Support per hour at 129.82 and 128.87.

[romannil]

Gbp/jpy technical analysis for 22.11.2012 by using : Auto pivot indicator.

resistance 3:133.95
resistance 2:132.83
resistance 1:132.24

pivot point :131.13

support 1:130.54
support 2:129.42
support 3:128.83

[najmul.djd]

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

adx : 52.8819
+di : 19.3700
-di : 20.0573
timeframe : 1 hour

time : 0600
date : 22.11.2012

[tradergalau]

Basically, GBPJPY still in strong bullish movement. If GBPJPY can break the 130.53 resistance level, this pair will go up to the next resistance level at 131.36. But if GBPJPY fall and break 129.69 support level, this pair will make some correction to the next support level at around 128.86.

GBPJPY has broken the resistance level at 131.36 and I think the up trend still strong enough. So, GBPJPY still has a potential to go up and reach the next resistance level at 132.14. But if GBPJPY can fall and break the 131.36 level, this pair may makes some correction movement to the lower support level at 130.53:good:

[sheila]

Support: 129.41
Pivot: 131.10
Resistance: 132.78

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands buy

Technical Analysis For GBPJPY 100% Buy

[VANDA_S]

http://sadpanda.us/images/1260749-63Q2ARJ.png
On the H1 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: 132.89

[forexking2]

This pair till now on still nice up bulls and look more bulls + good to be take Buy Op again now. The price look was break up to that 150.0 fibo (131.72). On simple say - search again for buy better. I see - the bulls target can probably to near the 161.8 fibo at 152.20.

[Bieela_cute]

Scenario for today
Elliott: support in an impulse wave up 130.80
Uptrend is still intact in a triangle configuration. It should continue to rally to 132.53 or 132.23 if support around 131.12 hold. After which a pullback to 131.12 - 130.83 zone is possible.
Warning: Imminent end of bullish move
Technical points
Key point 132.4400
Entry point 131.3200
Elliott 125.6800
Closing 131.6500
Projection 132.7600
Trendline 130.1600
Trendline 130.9900
Supports / Resistances
Res 2 132.8100
Ex-High 131.7000
Res 1 132.2300
Pivot 131.1200
Sup 1 130.5400
Ex-Low 130.0100
Sup 2 129.4300

[yudi]

Now this pair had down from dayly pivot level and it is being go down to dayly support 1 level but stochastic 5,3,3 signal in all time frime is still in oversold area that confirm that the price will go up weak before down again.

[Liaba]

Gbp/jpy bi bohat acha trading pair hay magar is mein spread volume thora sa zada hay is liye mein is pay trading nahi kerta kiu kay is mein analysis bi theek nahi hotay or ye thora sa hard hay samajnay mein.

[mossabfx]

GBP/JPY Support & Resistance 22/11/2012
S3 130.18 S2 130.50 S1 130.83
R1 132.54 R2 132.87 R3 133.20
frame 15 min

[shohankst9]

I think forex is a good job.es pair ko 131.28 pr majbut supprot he.. yahaa se ab ye upr jane ki kosis kar rhaa he..kridna ka soda faydemand rahega..
Best of luck.Thank you.............................................

[tradergalau]

GBPJPY is touching the 131.36 level now. If GBPJPY can break this level, I think it will open a way for GBPJPY to make some correction movement to the support level at 130.53. But if fail to break, GBPJPY may rebound here and go up to the resistance level at 132.14.http://puu.sh/1teik

[sheila]

Support: 130.33
Pivot: 131.58
Resistance: 132.83

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis For GBPJPY 80% Buy

[romannil]

Gbp/jpy technical analysis for 23.11.2012 by using : Auto pivot indicator.

resistance 3:133.42
resistance 2:132.88
resistance 1:132.16

pivot point :131.62

support 1:130.91
support 2:130.37
support 3:129.65

---------- Post added at 12:44 PM ---------- Previous post was at 12:32 PM ----------

Gbp/jpy technical analysis for 23.11.2012 by using : Auto pivot indicator.

resistance 3:133.42
resistance 2:132.88
resistance 1:132.16

pivot point :131.62

support 1:130.91
support 2:130.37
support 3:129.65

[mossabfx]

GBP/JPY support & resistance 23/11/2012
S3 129.98 S2 130.31 S1 130.64
R1 131.89 R2 132.22 R3 132.55
-------------
indicators:
MOMENTUM(10) :buy
ROC(10) :buy
MACD(26,12,9) : Buy

[Adeladickhausm1473]

Maine soch raha ki ye hammer price ko upar jane ke liye signal dita, lekin idar H1 chart me hammer 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.

What will the response to Katrina do to the Fed's reputation? In this excerpt from?The Wave Principle of Human Social Behavior

[Bieela_cute]

Scenario for today
Elliott: support in an impulse wave up 130.80
There are initial signs of a good corrective recovery towards 131.89 or even 132.15. Supports at 131.26 and 130.91 zone.
Technical points
Key point 131.8700
Entry point 131.7900
Elliott 125.6800
Closing 131.4400
Projection 132.7600
Trendline 131.2400
Trendline 132.1700
Supports / Resistances
Res 2 132.8700
Ex-High 132.3300
Res 1 132.1500
Pivot 131.6200
Sup 1 130.9100
Ex-Low 131.0900
Sup 2 130.3800

[najmul.djd]

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

adx : 22.7201
+di : 19.2275
-di : 16.8655
timeframe : 1 hour

time : 1200
date : 23.11.2012

[Bieela_cute]

Scenario for the week
Elliott: impulse wave up 133.04
Currently uptrend should end around 135.02 - 133.34 area. A correction down to below 129.94 is expected. A rise above 134.54 will abort the expected correction.
Warning: Imminent end of bullish move
Technical points
Key point 134.1100
Entry point 132.3300
Elliott 125.6800
Closing 132.1500
Projection 134.5600
Trendline 128.9300
Trendline 132.1800
Supports / Resistances
Res 2 134.5400
Ex-High 132.3300
Res 1 133.3400
Pivot 131.1400
Sup 1 129.9400
Ex-Low 128.9300
Sup 2 127.7400

[suhermanto]

as potential the price change wager up with a hard bullish engulfing candela......let see if the up conservationist strength can uphold until the end of the day and if that chance then it affirm the buy falsification for this week.......134 - 136 incoming steady to watch

[fanikakkoo]

Buy $GBPJPY at 129.3 stop 128.95 targets 129.75 and 130.2

[Jobs]

yes very strong growth for a couple, not even the usual ... After a few strong resistance levels ... now formed a double top, and there is strong support for 130.80 because there still is sloping trend line, I think the price will fall if there will need to try to bribe likely to continue the trend ... always above it shifts ...

[forexking2]

This pair on still look bulls but weak. But, of course can more nice up bulls with strong move bulls if then buyer was break up to that so strong resistance at 132.30. So, the plan buy here is better after the price was move above that resistance 132.30 then

[forexlearn]

I am lose my money last week because you can see d1 chart non stop going up when it will be finish no one said about it. It fall down on Monday or after two or three month or more month need to fall. I didn't know about it the market condition. Not only gbp, cad aud all pair is going up from two weeks.

[suzonbmw]

Dear 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

[poncoez]

Translucent 132, GBP / JPY up?

Strategydesk - GBP / JPY continued its gains today, a positive move for the seventh consecutive session, successfully touched the highest level in seven months.

The pair lifted by BOE Minutes indicating there will be no easing up in the near future. In the minutes that were announced yesterday, the Committee decided unanimously to keep interest rates at 0.5% and said it is not going to cut it in the near future. Minute it shows only one member who chooses to increase the number of Quantitative Easing (QE).

Pair it also drove the yen weakened on all currencies. Yen continued its fall is as prospects BOJ easing when the new government came to power later. Shinzo Abe, the leader of the Liberal Democratic Party (LDP), which will become prime minister in elections this December, continue to call for BOJ easing apply. Abe, with the monetary policy as the central debates before the election, urged the BOJ launched unlimited stimulus, negative interest rates, and set an inflation target of 2-3%.

At 16:00 GMT, the GBP / JPY was at 132.00. After rising 1.2% yesterday, GBP / JPY touched the highest level since April in Asia to move in the range of 131.41 and 132.31. Prices move above the 25 day moving average, a bullish indication. MACD (12,26,9) is in positive territory, with the value at 0.945, which means strengthening trend. But Stochastic (14,3,3) is at 97, far above the overbought 80. RSI (14) has exceeded the level of 72, exceeding the saturation point buy 70.

The pair also touched the upper Bollinger Bands (14), who was at 132.11. Power rate is decreasing after the pair broke through the 132 level. If successfully closed above that level and the speed of power is still strong, the next target is 132.50 to 132.80. But if it fails to close at that level, the pair will move towards 131.50 to 131.00.

[shourove1212]

Below trend analysis today with ma system:
ma 16 as short term trend indicator= sideways
ma 96 as medium term trend indicator= sideways
ma 480 as long term trend indicator = down
So the trend is down weak.

After it retraced from yesterday lowest price (128.06) , it bounch to highest price (129.32) then down until market closed at 128.99. This day i predict this pair will go down follow trend until 128.50.
The pair GBP/JPY well continued its bullish movement and is currently testing the resistance at 134.18 (level 23.60%). We maintain to trade only long positions as far as 133.35 (level 38.20%) is support. The breakotu of 134.18 will give a new buy signal. The next resistance is at 135.

[mohsin15]

GBP/JPY is very big and fast moving pair i only prefer to trade in in in contest account.

[dollar]

weekly analysis-

this pair is making a very sharp up direction up movement from last two week. but the price level 133 is offering a good resistance level. price is not able to break this level and we can see next down movement.
in day chart this pair break the resistance level 130 and price again pull back so more chance it will touch 133.00 range.

[hichammoad]

take a look at support at 124.90, I wait in some downward the movement today up to the opening of Session of London. After that, I think that this pair will continue its optimistic trend and can reach the level price of 125.80 and 126.00 for the maximal range.

[Bieela_cute]

Scenario for today
Elliott: elongated flat correction up 133.10
It should be subject to more sell off towards 131.23 or 130.30. Corrective upward swings should face resistance around 133.41 area. A break of 133.16 is bullish.
Technical points
Key point 132.7800
Entry point 131.7900
Elliott 130.8000
Closing 132.1500
Projection 133.2800
Trendline 132.2300
Trendline 132.1300
Supports / Resistances
Res 2 133.1600
Ex-High 132.2300
Res 1 132.6500
Pivot 131.7300
Sup 1 131.2300
Ex-Low 130.8000
Sup 2 130.3000

[tradergalau]

GBPJPY is touching the resistance level at 132.14 now. If GBPJPY can break this resistance level and also can break the last week's high level, I think it will open a way for GBPJPY to continue the up trend today. If that happens, the next target is at around 132.95 as the next resistance level of GBPJPY.http://puu.sh/1umBi

[romannil]

Gbp/jpy technical analysis for 26.11.2012 by using : Auto pivot indicator.

resistance 3:134.08
resistance 2:133.16
resistance 1:132.63

pivot point :131.72

support 1:131.19
support 2:130.27
support 3:129.74

[sheila]

Support: 130.26
Pivot: 131.69
Resistance: 133.12

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis For GBPJPY 80% Buy

[forexking2]

Price candle on this GBPJPY pair on look to more bulls continuation again If on today price move - the bulls candle can beak up more to the price 132.30. And yes if that happen make plan to search for buy here still better idea then.

[selamet]

The GBP/JPY pair showed serious strength on Friday as the market almost overcame the shooting star from Thursday. This is a sign that the buyers are still in control, and I do believe that the 130 level will continue to be supportive. After all, we just broke out of a 500 points consolidation area, so it makes sense that we would at least try to match that going forward.

This is a very risk sensitive currency pair, so headlines can and will move it quite rapidly. As long as things are going fairly well, this pair should continue to grind higher. I've noticed that it's somewhat parabolic, but then again all the yen related pairs are at the moment as the Bank of Japan continues to looks set to raise their inflation target to 3%. If that happens, this will devalue the Yen as they print more and more currency going forward.

I like this pair as it does tend to move quite rapidly. When you are correct in this marketplace, and you get rewarded very, very quickly. The 130 level should be the "floor" going forward, and if he gets broken to the downside, I would say all bets are off. This move has been strong, but as you can see we have built a little bit of a base just below the 130 level. This is why I like this trade so much.

Risk on/risk off

For some time, this pair used to be one of the ultimate expressions of whether or not we had a "risk on" type of day, or a "risk off" type of day. I believe we're going to start seeing this relation again as the Yen will continue to artificially weaken as the marketplaces are being manipulated yet again by the Bank of Japan. This is actually the norm for this pair, so not only am I comfortable doing this, I get to enjoy the positive swap at the end of every trading session. There is a reason why these yen related pairs tend to rise over time going back several years, and that was because it was so profitable to start buying them. I think we are about to start seeing that dynamic again. On a break of the highs from the Friday session, I am more than willing to start buying again.

[mohamedsalah]

GBPJPY is touching the resistance level at 132.14 now. If GBPJPY can break this resistance level and also can break the last week's high level, I think it will open a way for GBPJPY to continue the up trend today. If that happens, the next target is at around 132.95 as the next resistance level of GBPJPY.

[niknik]

The GBP/JPY pair showed serious strength on Friday as the market almost overcame the shooting star from Thursday. This is a sign that the buyers are still in control, and I do believe that the 130 level will continue to be supportive. After all, we just broke out of a 500 points consolidation area, so it makes sense that we would at least try to match that going forward.

This is a very risk sensitive currency pair, so headlines can and will move it quite rapidly. As long as things are going fairly well, this pair should continue to grind higher. I've noticed that it's somewhat parabolic, but then again all the yen related pairs are at the moment as the Bank of Japan continues to looks set to raise their inflation target to 3%. If that happens, this will devalue the Yen as they print more and more currency going forward.

I like this pair as it does tend to move quite rapidly. When you are correct in this marketplace, and you get rewarded very, very quickly. The 130 level should be the "floor" going forward, and if he gets broken to the downside, I would say all bets are off. This move has been strong, but as you can see we have built a little bit of a base just below the 130 level. This is why I like this trade so much.

Risk on/risk off

For some time, this pair used to be one of the ultimate expressions of whether or not we had a "risk on" type of day, or a "risk off" type of day. I believe we're going to start seeing this relation again as the Yen will continue to artificially weaken as the marketplaces are being manipulated yet again by the Bank of Japan. This is actually the norm for this pair, so not only am I comfortable doing this, I get to enjoy the positive swap at the end of every trading session. There is a reason why these yen related pairs tend to rise over time going back several years, and that was because it was so profitable to start buying them. I think we are about to start seeing that dynamic again. On a break of the highs from the Friday session, I am more than willing to start buying again.

[new-FX]

http://img7.imageshack.us/img7/631/imagejl.gif

Pair continued his tendency rising during the recent period and now begins the formation of prompt corrective price drops almost to the level of 131.15.

Remains bullish tendency steady level of support above 124.60 to expect further increases to the level of 133.60

Stochastic is trying to get rid of the level of saturation, which contributes to the formation of purchase anticipated corrective wave

[najmul.djd]

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

adx : 15.5001
+di : 16.3181
-di : 16.4534
timeframe : 1 hour

time : 1600
date : 26.11.2012

[winstead]

GBPJPY near its Support 130.75 after rebound from 132.20 resistance level last week. If the pair continues to move after the bounce from the level bullish Support 130.75, we will receive a strong indicator for bullish signal again.

[mossabfx]

GBP/JPY Support and Resistance 26/11/2012
S3 130.80 S2 131.12 S1 131.45
R1 132.90 R2 133.23 R3 133.56
MACD(26,12,9):Neutral
CCI(14) :buy
MOMENTUM(10) :buy

[nguyenbau]

prices are slightly agitated state, the amplitude of fluctuations in today 131306-131650, but the trend is up, you wait to buy the best prices, suggests buying at a pivot weeks: 131.05x
Wish you win big.

[akramrukiman]

montly pivot 127.72
weekly pivot 131.19
daily pivot 132.20

daily r3 132.813
daily r2 132.571
daily r3 132.449

daily s1 132.085
daily s2 131.843
daily s3 131.721

[piggybank]

GBPJPY is ready to top out at the resistance 133.43. This is a very strong resistance that may cause huge pressure to the pair to return its medium downtrend. On the 4 hour chart, the level 131.00 is a good support for GBPJPY to continue intraday uptrend to target the 133.43 potential reversal zone.

[romannil]

Gbp/jpy technical analysis for 27.11.2012 by using : Auto pivot indicator.

resistance 3:133.64
resistance 2:133.05
resistance 1:132.30

pivot point :131.71

support 1:130.96
support 2:130.37
support 3:129.62

[tradergalau]

If we look on H4 time frame, we can see that GBPJPY had formed a double top pattern yesterday and it happened on the resistance level at 132.14. Then, GBPJPY fall and now this pair is moving around the 131.36 support level. I think the rejection effect still strong enough. So, if GBPJPY can break this support level, I expect GBPJPY will continue falling to the next support level at 130.53.http://puu.sh/1uLkW

[sheila]

Support: 130.38
Pivot: 131.69
Resistance: 133.00

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis For GBPJPY 80% Buy

[forexking2]

GBPJPY can be more nice bearish again This bearish more nice if truly . seller here can break down again more that 23.6 fibo line at 131.12. On simple say . the nice OP for search sell here is better after that 23.6 fibo (131.12) was breakdown by strong seller then

[ladyheart]

INTRADAY TRADING SIGNAL

GBPJPY H1

GBPJPY is likely to go further to south after the downward breakout from the lower triangle line (chart pattern).
My forecast take profit level is at 130.73

[piggybank]

GBPJPY trend expectation by 27 November 2012: Now on the 4 hour chart, a temporary top is in place at 132.44 and today's intraday trend in GBP/JPY is turned neutral for some consolidations. Any clear break below 130.79 will bring out deeper retreat to 4 hour 55 EMA (now valued at 130.34). However, recent rally is expected to resume sooner or later to target the resistance at 133.48. Then I hope this resistance will be a potential reversal zone. Maybe a large amount of sell orders are now preplaced at this zone.

[selamet]

A temporary top is in place at 132.44 and intraday bias in GBP/JPY is turned neutral for some consolidations Below 130.79 will bring deeper retreat to 4 hours 55 EMA (now at 130.34). Nonetheless, recent rally is expected to resume sooner or later. Above 132.44 will target 133.48 key resistance and above

In the bigger picture, at this point, we'd like to maintain that price actions from 116.83 (2011 low) are corrective in nature so far. Rise from 118.82 could be the third leg of the pattern from 116.83 and might target 133.48 and above. After all, the likely scenario is that we'll see more range trading between 116.83 and 140.02 (50% retracement of 163.05 to 116.83 at 139.94) ahead, before an eventual downside breakout. We'll favor this view as long as 140.02 resistance holds.

[anupomks]

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
yes , same to you but i think so this information is all free and available on the websites of the exchanges on which the markets trade.

[alecander]

as expected the price rise back up with a strong bullish engulfing candle......let see if the up ward momentum can continue until the end of the day and if that happen then it confirm the buy setup for this week.......134 - 136 next level to watch

[VANDA_S]

http://sadpanda.us/images/1266590-82E389S.png
In M30 chart prices are dibawah12 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: 130.70

[FREEDOM]

GBPJPY still in strong bearish trend after retraced till 131.98. On H1 chart, the price want to testing fibo 23.6 to reach support 130.88.
I expect the bearish can reach till support for today trades.

[new-FX]

http://img716.imageshack.us/img716/5484/imagelz.gif

Pair succeeded yesterday in reaching the level of 131.10 corrective wave
To settle the trading price at the end of his tendency positive stable around 132.10

It is likely that the price reaches levels around 133.60 during the close

Stochastic settle bought a saturation level, contributes to greater price volatility in the coming period.

[mossabfx]

GBP/JPY Support and Resistance 27/11/2012
S3 130.01 S2 130.34 S1 130.67
R1 132.01 R2 132.34 R3 132.67
indicators:
MACD(26,12,9):Neutral
CCI(14) :buy
MOMENTUM(10) :buy

[winstead]

A series of higher lows to support short-term bullish bias. GBPJPY has broken the long-term declining trendline. Breakout is calling for further strengthening of the medium-term. Next resistance is at 133.49 and 140.03.

[akramrukiman]

monthly pivot 127.72
weekly pivot 131.19
daily pivot 131.60

daily r3 132.79
daily r2 132.43
daily r1 131.96

daily s1 131.13
daily s2 130.77
daily s3 130.29

[romannil]

Gbp/jpy technical analysis for 28.11.2012 by using : Auto pivot indicator.

resistance 3:133.01
resistance 2:132.56
resistance 1:132.09

pivot point :131.64

support 1:131.17
support 2:130.72
support 3:130.25

[mouheb]

GBPJPY on still look nice bearish. And look nice more bearish and good to start play sell OP again if seller here can break down to more to that 23.6 fibo (131.43). So, on simple say . search again for sell is better after price can move bellow the 23.6 fibo (131.43),

[ladyheart]

INTRADAY TRADING SIGNAL

GBPJPY M15

Market is moving in a triangle chart pattern. It looks price is likely to test the lower triangle line at somewhere near 130.8x, if it fails to break up the upper triangle line at 131.0x.

[tahirjutt]

es pair ko 131.28 pr majbut supprot he.. yahaa se ab ye upr jane ki kosis kar rhaa he..kridna ka soda faydemand rahega..

http://i53.tinypic.com/24nlesz.gif

this is a currency pair and i think this will be good because in this the market is not shuffle is very quick and we can easily understand this pair market and it will be usefull for us

[ishvara]

The pair has shot up for the last 4 months and has tested a multi-month high standing at 132.80 before it retraces for 200 pips. I predict that downtrend would presume in this pair for the next few trading weeks.

[winstead]

GBPJPY is testing level Support 130.75 after rebound from 131.75. This pair is bullish after bouncing from 130.75, we will receive a strong indicator for another bullish signal that would allow a target 131.75 resistance level.

[akramrukiman]

monthly pivot 127.72
weekly pivot 131.19
daily pivot 131.22

daily r3 133.23
daily r2 132.45
daily r1 132.00

daily s1 130.77
daily s2 129.99
daily s3 129.54


28/11/2012 High 132.43 low 130.44

[sheila]

Support: 129.95
Pivot: 131.18
Resistance: 132.41

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis For GBPJPY 80% Buy

[romannil]

Gbp/jpy technical analysis for 29.11.2012 by using : Auto pivot indicator.

resistance 3:133.18
resistance 2:132.44
resistance 1:131.94

pivot point :131.20

support 1:130.71
support 2:129.96
support 3:129.47

[selamet]

GBP/JPY drew some support from 4 hours 55 EMA and recovered as consolidation from 132.44 continued. More sideway trading would be seen in near term with risk of another fall. But downside should be contained above 128.25 cluster support and bring another rally. Above 132.44 will target 133.48 key resistance and above.

In the bigger picture, at this point, we'd like to maintain that price actions from 116.83 (2011 low) are corrective in nature so far. Rise from 118.82 could be the third leg of the pattern from 116.83 and might target 133.48 and above. After all, the likely scenario is that we'll see more range trading between 116.83 and 140.02 (50% retracement of 163.05 to 116.83 at 139.94) ahead, before an eventual downside breakout. We'll favor this view as long as 140.02 resistance holds.

---------- Post added at 02:44 PM ---------- Previous post was at 02:33 PM ----------

GBP/JPY drew some support from 4 hours 55 EMA and recovered as consolidation from 132.44 continued. More sideway trading would be seen in near term with risk of another fall. But downside should be contained above 128.25 cluster support and bring another rally. Above 132.44 will target 133.48 key resistance and above.

In the bigger picture, at this point, we'd like to maintain that price actions from 116.83 (2011 low) are corrective in nature so far. Rise from 118.82 could be the third leg of the pattern from 116.83 and might target 133.48 and above. After all, the likely scenario is that we'll see more range trading between 116.83 and 140.02 (50% retracement of 163.05 to 116.83 at 139.94) ahead, before an eventual downside breakout. We'll favor this view as long as 140.02 resistance holds.

[ladyheart]

INTRADAY TRADING SIGNAL

GBPJPY H4

I expect GBPJPY will try to test the nearest resistance level at 132.0x. However, I am not expecting price to break through this resistance level, instead, I am hoping for price to bounce down to go further to south again. GBPJPY is currently moving in ranging at this upper level and it'll be more reasonable for price to go down from this area.

[new-FX]

http://img39.imageshack.us/img39/4663/imageitz.gif


Continued price pair relegation trading yesterday to reach the level of 130.40 and settled above the support level around 130.15.

Stability pair upward slope up the price to the level of 131.65 to distance himself from the level of support waiting for achieving the goals above the 132.45 level in the near and medium down to 133.80.

The stability of the channel's support level around 130.15 us adhere firmly bullish tendency so far

[FREEDOM]

Trading key for GBP/JPY today :
Daily Pivot : 131.10, Resistance : 131.84 and support : 130.59.
Fibo levels :
Fibo 0.0 : 130.35.
Fibo 38.2 : 130.83.
Fibo 61.8 : 131.12.
Fibo 100 : .131.60
Trend : Slighty Bullish.

[ladyheart]

INTRADAY TRADING SIGNAL

GBPJPY M15

Market is in ranging near its nereast resistance level, which is at 131.68. I expect price cannot break through this resistance level since this has become a strong resistance level. I am waiting for price to falling down to south again.. :) I'm in a selling mode!

[winstead]

GBPJPY had a bullish reversal yesterday to support the movement towards resistance at 132.45. Support can be found at 130.46 and 130.01. GBPJPY has broken the long-term declining trendline. Breakout is hinted to further strengthen the medium-term. Next resistance is at 133.49 and 140.03.

[akramrukiman]

monthly pivot 127.72
weekly pivot 131.19
daily pivot 131.60

daily r3 132.57
daily r2 132.20
daily r1 131.96

daily s1 131.36
daily s2 130.99
daily s3 130.75


29/11/2013 high 131.84 low 131.24

[johnny english]

GBP/JPY drew some support from 4 hours 55 EMA and recovered as consolidation from 132.44 continued. More sideway trading would be seen in near term with risk of another fall. But downside should be contained above 128.25 cluster support and bring another rally. Above 132.44 will target 133.48 key resistance and above.

[najmul.djd]

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

adx : 24.0051
+di : 22.4240
-di : 10.1166
timeframe : 1 hour

time : 0600
date : 30.11.2012

[FREEDOM]

30 November 2012, Trading key for GBP/JPY :
Daily Pivot : 131.53, Resistance : 131.88 and support : 131.30.
Fibo levels :
Fibo 0.0 : 131.19.
Fibo 38.2 : 131.42.
Fibo 61.8 : 131.56.
Fibo 100 : 131.79.
Trend : Bullish.

[romannil]

Gbp/jpy technical analysis for 30.11.2012 by using : Auto pivot indicator.

resistance 3:132.60
resistance 2:132.24
resistance 1:131.98

pivot point :131.62

support 1:131.36
support 2:131.00
support 3:130.74

[selamet]

The breach of 132.44 resistance suggests that recent rally in GBP/JPY is resuming. Intraday bias is back on the upside. Current rise is part of the whole rally from 118.82 and would now target 133.48 resistance next. On the downside, break of 130.45 minor support is needed to signal short term topping. Otherwise, we'll stay cautiously bullish.

In the bigger picture, at this point, we'd like to maintain that price actions from 116.83 (2011 low) are corrective in nature so far. Rise from 118.82 could be the third leg of the pattern from 116.83 and might target 133.48 and above. After all, the likely scenario is that we'll see more range trading between 116.83 and 140.02 (50% retracement of 163.05 to 116.83 at 139.94) ahead, before an eventual downside breakout. We'll favor this view as long as 140.02 resistance holds.

[winstead]

Yesterday GBPJPY moving sideways between 131.53 and 131.23 levels. GBPJPY started to push higher prices and achieve new heights in the level of 131.71 daily. Current trading price of around 132.50 level and will see new lower starting price.

[Bever]

We know that the forex market opens around the clock. Thus, some novice traders may think that they can trade any time during the trading day without influencing their profit potential.As a matter of fact, trading different currency pairs at different time really matters in forex trading for it may ...

[sheila]

Support: 130.90
Pivot: 132.13
Resistance: 133.36

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis For GBPJPY 80% Buy

[forexking2]

for next plan trade here . search again for sell is better as long as the price can move bellow that 23.6 fibo (132.12). Just it

[romannil]

Gbp/jpy technical analysis for 03.12.2012 by using : Auto pivot indicator.

resistance 3:133.97
resistance 2:133.40
resistance 1:132.73

pivot point :132.16

support 1:131.49
support 2:130.92
support 3:130.25

[selamet]

Intraday bias in GBP/JPY remains on the upside for the moment. Current rise from 125.67 is part of the whole rally from 118.82 and should target 133.48 resistance and above. On the downside, break of 130.45 minor support is needed to signal short term topping. Otherwise, we'll stay cautiously bullish even in case of retreat.

In the bigger picture, at this point, we'd like to maintain that price actions from 116.83 (2011 low) are corrective in nature so far. Rise from 118.82 could be the third leg of the pattern from 116.83 and might target 133.48 and above. After all, the likely scenario is that we'll see more range trading between 116.83 and 140.02 (50% retracement of 163.05 to 116.83 at 139.94) ahead, before an eventual downside breakout. We'll favor this view as long as 140.02 resistance holds.

[sheila]

Support: 131.20
Pivot: 132.14
Resistance: 133.09

trendspotter buy
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 GBPJPY 60% Buy

[forexking2]

The bearish still can move(4h tf). On my see bearish still can nice play as long as the seller still move bellow that strong resistance 132.78. So, I see that 132.78 can be set as a SL for Sell OP then

[midle]

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

[selamet]

GBP/JPY lost some upside momentum but still, with 130.45 minor support intact, further rally is expected. Current rise from 125.67 is part of the whole rally from 118.82 and should target 133.48 resistance and above. On the downside, break of 130.45 minor support is needed to signal short term topping. Otherwise, we'll stay cautiously bullish even in case of retreat.

In the bigger picture, at this point, we'd like to maintain that price actions from 116.83 (2011 low) are corrective in nature so far. Rise from 118.82 could be the third leg of the pattern from 116.83 and might target 133.48 and above. After all, the likely scenario is that we'll see more range trading between 116.83 and 140.02 (50% retracement of 163.05 to 116.83 at 139.94) ahead, before an eventual downside breakout. We'll favor this view as long as 140.02 resistance holds.

[ahmed1212]

GBP/JPY
SELL
ENTRY :- 132.220
TP1 :- 131.555
TP2 :- 130.892
SL :- 133.555

Do not enter any Order never reverse trend
Define TP &SL IS VERY Important
This is just a sign could have been right or wrong so be warned

[winstead]

GBPJPY break higher. Observe the strong resistance at 133.49. An hour support can be found at 131.26. Another support is at 130.46. GBPJPY has broken the long-term declining trendline, which calls further strengthening the medium-term. Next resistance is at 140.03.

[sheila]

Support: 131.10
Pivot: 131.92
Resistance: 132.74

trendspotter buy
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 GBPJPY 60% Buy

[forexking2]

This pair on still sideways till now. Price on still move slow near that pivot 131.61. So just wait and see. And then of course, we can plan for sell OP here then . if price was can move bellow that pivot 131.61 (with supported by strong bearish candle, then).

[ahmed1212]

GBP/JPY
SELL
ENTRY :- 131.720
TP1 :- 131.139
TP2 :- 130.560
SL :- 132.885

Do not enter any Order never reverse trend
Define TP &SL IS VERY Important
This is just a sign could have been right or wrong so be warned

[asmakhatun]

as foreseen this two making a hefty bearish motility far after the interest channelize yesterday......and the sustenance ancestry has been poor by yesterday run but be careful i anticipate this dad is nearing the low and the prim several gift materialist presently..... watch out at 129 - 128 Atlantic to preserve endless succeeding week

[VANDA_S]

http://sadpanda.us/images/1277645-4INYKFN.png

In M30 chart, price is above the 12 EMA (white) and 72 EMA (blue) indicates the trend is still up
21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Take profit: 132.68/133.07

[koky90]

http://www8.0zz0.com/2012/12/05/18/920111960.gif (http://www.0zz0.com)



in this chart 4h we can see the pair will go to down way in the
future


the pair now near from Resistance
I see that we can sell and our target will be 195 pips




I expect from this analyze that the price will go to down way


so sell from 132.50 to 130.53

[erespe]

GBPJPY now move higher and may touch 133.03, from which it possible to reverse and moving down. while it move downward, the pair is likely fall towards 131.25 level.

[sheila]

Support: 131.31
Pivot: 132.37
Resistance: 133.44

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis For GBPJPY 80% Buy

[forexking2]

The bearish can be (4htf) as long as that quite strong supply at 132.78 can not be break by strong buyer. So, we can use the 132.78 as a nice Stoploss level for plan search Sell OP here now

[Ar33797ic]

pair GBP / JPY rose and now the resistance price was 132.75 ... and you can see that the price rises to the top ... buyers are willing to pay more .... but still expect a large movement in the top does not come as ka at 133.40 on daily chart there is a huge resistance ... but still expect growth ... and how much it will be a great need to look online ...

[DooD]

Interesting situation on 4 hour chart, the pair formed a rising wedge consisting of two very strong tilt levels, cost observe which of the border is broken, there may well move.

[sheila]

Support: 131.54
Pivot: 132.39
Resistance: 133.23

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis For GBPJPY 80% Buy

[fanikakkoo]

GBPJPY Spot is 131.91 Trading Strategy : 1. Buy GBPJPY at or above 131.96 targets of 132.18-132.47-132.75-133.04 levels, SL 131.67 and below.

[ashaab]

http://i48.tinypic.com/2qdsa6w.gif

As shown in the chart that there is bearish divergence occurs which indicates the exhaust of upward trend and there is strong possibility for a downward correction. Our opinion is to selling the pair below 132.35 with targets 132.00, 131.85 then 131.00 and stoploss with four hour candle closing above 133.10 for today.

[winstead]

GBPJPY continues to move in the short term rising channel, but has so far failed to break resistance at 132.81. An hour support can be found at 131.56. A key support at 130.46. A strong resistance is at 133.49. The overall condition of overbought strong resistance at 133.49 and support phases of a weakening in the coming days.

[sheila]

Support: 131.27
Pivot: 132.19
Resistance: 133.11

trendspotter buy
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 GBPJPY 60% Buy

[Jobs]

While a strong break on top but do not beat a pair of shows that more and more stretches to the top you can even hold a channel .. so I think that will continue to grow ... seen that a couple of very good idea to keep the support level 1.3150 ... so if that I think there is a cover should be placed below the mark ...:)

[Vamos]

yes if you look hour chart we can see that now, just sausage ... no particularly strong signal to buy or sell ... but if you deploy to a 4 hour or day it is seen that there is a very strong trend on the top ... and now on the clock lateral movement yet with a slight slope to the top .. so shopping around 131.80 to continue the trend ... it can be justified ...

[sulasih]

if this pair manage to break today high tommorow then we can enter the long order.......it has a divergence pattern on the daily chart so this is a good opportunity to enter long with 136 for the tp

[erespe]

The pair is now testing its daily pivot point (132.14) from above, if it successfully break the pivot, then GBPJPY will likely to go down towards 131.74, but if it fails, the pair will bounce up towards 132.66

[sheila]

Support: 131.27
Pivot: 132.19
Resistance: 133.11

trendspotter buy
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 buy

Technical Analysis For GBPJPY 80% Buy

[yes]

yes you are right its come down in zig zag form...127.33 traget for long term traders.

bro it is the pair of currency and i think we shiould must be got knowledge about this and the masin thing is to be carefull about our trade and i think we should must be got knowledge about this and we can got all things

[fanikakkoo]

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....

[HaQi]

trend formed :
current price @ -xxx-. hhmm.. gj. pairs that i feared. already drawn up a number of candles. i only followed the trend in h4. till the higher limit that will be in high sma5 d1.

position for order :
position 1 == instan purchase position
position 2 == purchase limit @ 128. 90

cash management ( mm ) :
use multilevel lot. ... lot position 3 lot position 2 lot position 1.
stop loss and target propit up to you personally, however i prefer out to cut loss and cut profits.

note :
continuously slide the purchase / sell limit follow the movement of sma or ema.
and bear in mind, continuously disciplined and follow the rules.

image link :
http ://i1123. photobucket. com/albums/... 0116-41-46. png

[winstead]

GBPJPY continues to move in the short-term horizontal range between 131.56 and 132.81. A key support is at 130.46. A strong resistance is at 133.49. Overbought condition overall strong resistance at 133.49 and support phase of weakness in the coming days.

[erespe]

GBPJPY moves sideways, lwma cross is still bullish, the pair may rise until 132.63, after that, the pair is possible to go down towards 131.83

[sheila]

Support: 131.36
Pivot: 132.17
Resistance: 132.97

trendspotter buy
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 GBPJPY 60% Buy

[santiika]

Intraday bias in GBP/JPY remains neutral for the moment and some consolidations would be seen below 132.93. Further rally would remain in favor as long as 130.45 minor support holds. But we'd be aware of strong resistance from 133.48 to limit upside and bring reversal. Meanwhile, break of 130.45 will indicate that a short term top is at least formed and would bring decline back towards 125.67 support.

In the bigger picture, at this point, we'd like to maintain that price actions from 116.83 (2011 low) are corrective in nature so far. Rise from 118.82 could be the third leg of the pattern from 116.83 and might target 133.48 and above. After all, the likely scenario is that we'll see more range trading between 116.83 and 140.02 (50% retracement of 163.05 to 116.83 at 139.94) ahead, before an eventual downside breakout. We'll favor this view as long as 140.02 resistance holds.

[hamza661]

Since our last analysis the GBP/JPY pair was trading in an upward move, impulsive 5 wave Yesterday, during the Asian session we could observe descending movement toward the 131.66 level. Therefore, during the European and New York sessions the GBP/JPY pair did not manage to hold this level and the price retraced back till 132.50 level. At the moment this exotic currency is trading around 132.42 level and we are expecting to see the price higher today. In accordance with our wave rules and taking into account that the wave 5 should retrace 100% of the wave 1, we can define the potential targets with measuring wave 1 with take profit at 136.48 (100% of wave 1). To reduce the risk, we can use invalidation at 131.56 level as stop loss.

Support and Resistance

(S3) 131.36 (S2) 131.67 (S1) 131.86 (PP) 132.17 (R1) 132.48 (R2) 132.67 (R3) 132.98

[sheila]

Support: 132.03
Pivot: 132.78
Resistance: 133.53

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis For GBPJPY 80% Buy

[santiika]

The break of 132.93 indicates that GBP/JPY's recent rally has resumed. Intraday bias is back on the upside for 133.48 resistance. We'd be cautious on topping signal after hitting this resistance. But break of 131.66 minor support is needed to signal short term topping first. Meanwhile, sustained trading above 133.48 will target 140.02 key resistance.

In the bigger picture, at this point, we'd like to maintain that price actions from 116.83 (2011 low) are corrective in nature so far. Rise from 118.82 could be the third leg of the pattern from 116.83 and might target 133.48 and above. After all, the likely scenario is that we'll see more range trading between 116.83 and 140.02 (50% retracement of 163.05 to 116.83 at 139.94) ahead, before an eventual downside breakout. We'll favor this view as long as 140.02 resistance holds.

[winstead]

GBPJPY approaching resistance at 133.48. A breakthrough on it will target extensions at 135.63 and 136.95. Short term support is at 131.45, break down this level would target rising channel support at 130.79.

[sheila]

Support: 132.19
Pivot: 133.96
Resistance: 135.73

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands buy

Technical Analysis For GBPJPY 100% Buy

[forexking2]

The bulls on this pair look was weak. The candle bulls now on move near that strong supply 134.90. So, no make any new Buy OP here is better. And search for nice bearish candle to be play for sell OP then

[erespe]

It looks like the bullish will be ended, after the pair was rejected by resistance level and cannot breach 135.03 level. We will now waiting for a confirmation from LWMA cross. Now GBPJPY is targeting to go back to its daily pivot at 133.93

[santiika]

Daily Pivots: (S1) 133.33; (P) 133.97; (R1) 135.09;

GBP/JPY rises further to as high as 135.07 so far today. Intraday bias remains on the upside for the moment. With 133.48 resistance firmly taken out, next target is 140.02 key resistance level. On the downside, break of 131.66 minor support is needed to signal short term topping. Otherwise, we'll stay bullish.

In the bigger picture, at this point, we'd like to maintain that price actions from 116.83 (2011 low) are corrective in nature so far. Rise from 118.82 could be the third leg of the pattern from 116.83 and might target 133.48 and above. After all, the likely scenario is that we'll see more range trading between 116.83 and 140.02 (50% retracement of 163.05 to 116.83 at 139.94) ahead, before an eventual downside breakout. We'll favor this view as long as 140.02 resistance holds.

[jawaid123]

FXstreet.com (Barcelona) - Yen mulai jatuh sementara pasar Tokyo ditutup untuk istirahat makan siang, membawa GBP/JPY ke wilayah tertinggi mingguan sebelumnya, terakhir di 132,49, dari tertinggi sesi terakhir dan mingguan di 132,61. Langkah itu muncul setelah seorang pejabat Jepang lainnya menegaskan kembali mengenai kebijakan moneter BoJ yang kuat dari untuk meningkatkan inflasi, ditambah dengan melambungnya saham China, memantul sebanyak +2,5% untuk hari ini.

---------- Post added at 02:58 PM ---------- Previous post was at 02:49 PM ----------

The Week Ahead
FOMC meeting will take center stage this week. Fed is widely expected to be on hold at 2.00% and focus will be on the accompanying statement on Fed's view on risk of inflation and the status of economic slowdown. Markets will base on the statement to reprice the chance of the next move from Fed. Other important data from US include Conference Board Consumer Confidence, House price index, new and existing. home sales, durable goods orders, May PCE and Q1 GDP finalized
In Eurozone, main focus will be on Germany IFO and Gfk, Eurozone PMIs. House price indices from UK will be featured with Q1 GDP. From Swiss, KOF leading indicator will be watched. From Japan, main focus will be on May National CPI, retail sales and unemployment rate. From Canada, May PPI will be released.
While Fed speculations remains the major factor in the overall forex markets, another critical factor will be on carry trades. So far, the Japanese yen reacted little to recent weakness in the stock markets. The broad based weakness in yen is driven by expectation on widening rate gap, especially in EUR/JPY. However, note that firstly, upside momentum in yen crosses is seen diminishing generally. Secondly, some weakness is already seen in USD/JPY, AUD/JPY and NZD/JPY. Thirdly, EUR/JPY and GBP/JPY are both near to important resistance levels. Traders should be alert of any signal of broad based rebound in the yen, which could be triggered by carry trade unwinding if the global stock markets dive further this week.

[winstead]

GBPJPY has begun to lose its power but on the other hand has not shown signs to bearish. It is estimated today going consolidation in the GBPJPY with a range of 134.00 - 134.55 with strong resistance at 134.85.

[sheila]

Support: 133.71
Pivot: 134.64
Resistance: 135.58

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands buy

Technical Analysis For GBPJPY 100% Buy

[erespe]

GBPJPY keep climbing, the pair is now testing the resistance level at 135.11. In my opinion, the pair still can reach 135.52, but beware of reversal when it rejected by resistance level. It may possible to fall to 134.19

[heru]

GBPJPY got a powerful enough merchandising pressure than ever to be within the worth of 129.08 and currently the try is within the terms of 128.11, if the try continues to fall and also the next target level perforate 128.00 terms at 127.55.

[santiika]

Daily Pivots: (S1) 134.23; (P) 134.65; (R1) 135.17;

GBP/JPY's rally extends today and reaches as high as 135.40 so far. Intraday bias remains on the upside and current rise from 118.82 is expected to target next key resistance level at 140.02. On the downside, below 134.22 minor support will turn bias neutral and bring retreat. But break of 132.44 resistance turned support is needed to signal short term topping. Otherwise, we'll stay bullish in the cross.

In the bigger picture, at this point, we'd like to maintain that price actions from 116.83 (2011 low) are corrective in nature so far. Rise from 118.82 could be the third leg of the pattern from 116.83 and might target 133.48 and above. After all, the likely scenario is that we'll see more range trading between 116.83 and 140.02 (50% retracement of 163.05 to 116.83 at 139.94) ahead, before an eventual downside breakout. We'll favor this view as long as 140.02 resistance holds.

[Ar33797ic]

in the last few days pair broke an important resistance level, a maximum of the last year and just starts to fly .... so now the pair looks only at the top, I think to bribe the pullbacks in a short-term charts ... because the next target is 137 and 139 ....

[VANDA_S]

At the H4 chart, price is above the 12 EMA (white) and 72 EMA (blue) indicates the trend is still up
21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Take profit: 136.04
Stop loss: 134.15

[dollar]

Time frame- H4
price is making hanging man candlestick pattern this patter is going to followed by a bearish candle so there is down side movement is possible. but stoch indicator is showing that price is in overbought rage.
it shot at 143.54 with stoch cross out and stop loss is higher resistance at 135.10. take profit is 134.10

[angle]

this currecy pair i really love trading soo much reason being the trends are supperb and are not so much use in the market be it the things tht happen in the market.

[jawaid123]

Today I decided to write about my trading startegy. Culdnt figure out where to start. It's not easy to summerize something which took me over 3 years to learn. I decided to explain my startegy on real market scenarios on this thread. Therefor I will give a GBP/JPY market analysis start of every session (Tokyo,London,NY). I may cut down on giving signals since I feel that most of the newbies follow the trade calls blindly and they will skip that most imporatnt learning curve of this pair. Hope everyone will enjoy this thread and learn .
Happy Trading.

[winstead]

GBPJPY has broken the strong resistance at 133.49. Resistance at 135.14 challenged. New highs is bullish. However, in general overbought conditions will favor short-term weakening phase in the next few days.

[sheila]

Support: 133.83
Pivot: 134.92
Resistance: 136.01

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands buy

Technical Analysis For GBPJPY 100% Buy

[fanikakkoo]

Gbp-jpy

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>>>>

[shohel12]

gbp/jpy market analysis of last day by using moving averages

ema10: 134.8988
ema20: 134.8570
ema50: 134.8815
timeframe: 1 day

[fanikakkoo]

Gbp-jpy

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

[sagor2012]

As expected that couple creating a powerful bearish motion following the news launch recently...... plus the support brand continues to be out of cash by means of recently transfer although becareful i'm sure that couple is getting close to the low plus the key revesal could happen soon..... watchout from 129 - 128 area to help enter extended a few weeks

[forexking2]

The GBPJPY look to probably bulls again but with weak move on it's bulls. The Price on probably to re-test again to that strong resistance at 135.38. Search for buy with TP not more that 135.38

[erespe]

All JPY pair experienced gap today, and so GBPJPY. I think there is only one way for today, gap closing. So it is possible the pair will likely fall towards 134.87

[santiika]

GBP/JPY Weekly Outlook

GBP/JPY's rally extended to as high as 135.40 last week and broken 133.48 resistance. There is no sign of topping yet and initial bias remains on the upside this week. Current rally would now target a test on 140.02 key resistance level. On the downside, below 134.22 minor support will turn bias neutral and bring retreat. But break of 132.44 resistance turned support is needed to signal short term topping. Otherwise, we'll stay bullish in the cross.

In the bigger picture, at this point, we'd like to maintain that price actions from 116.83 (2011 low) are corrective in nature so far. Rise from 118.82 could be the third leg of the pattern from 116.83 and might target 133.48 and above. After all, the likely scenario is that we'll see more range trading between 116.83 and 140.02 (50% retracement of 163.05 to 116.83 at 139.94) ahead, before an eventual downside breakout. We'll favor this view as long as 140.02 resistance holds. Nonetheless, sustained break of 140.02 will indicate that rise from 116.83 is at least a move at the same degree as fall from 163.05 and thus stronger medium term rise would then be seen back to this level.

In the longer term picture, fall from 251.09 is treated as resumption of multi decade down trend. Current development gives no indication of medium term reversal yet and GBP/JPY would likely drop towards 100 psychological level on down trend resumption. But sustained break of 140.02 will be a strong indication that 116.83 is at least an important long term bottom.

---------- Post added at 04:09 PM ---------- Previous post was at 02:31 PM ----------

GBP/JPY Daily Outlook

Daily Pivots: (S1) 134.40; (P) 134.90; (R1) 135.50;

GBP/JPY jumps further to as high as 136.37 so far today and intraday bias remains on the upside. As 133.48 resistance was already firmly taken out, rise from 118.82 should now target next key resistance level at 140.02. On the downside, below 134.22 minor support will turn bias neutral and bring retreat. But break of 132.44 resistance turned support is needed to signal short term topping. Otherwise, we'll stay bullish in the cross.

In the bigger picture, at this point, we'd like to maintain that price actions from 116.83 (2011 low) are corrective in nature so far. Rise from 118.82 could be the third leg of the pattern from 116.83 and is still in progress. After all, the likely scenario is that we'll see more range trading between 116.83 and 140.02 (50% retracement of 163.05 to 116.83 at 139.94) ahead, before an eventual downside breakout. We'll favor this view as long as 140.02 resistance holds. Nonetheless, sustained break of 140.02 will indicate that rise from 116.83 is at least a move at the same degree as fall from 163.05 and thus stronger medium term rise would then be seen back to this level.

[fanikakkoo]

Gbp-jpy

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

[winstead]

GBPJPY has broken the strong resistance at 133.49. Another resistance can be found at 137.06. Highest new is bullish. However, overbought conditions generally favor the short-term phase of weakness. GBPJPY also has broken the long-term declining trendline. Breakout is indicated for the long-term strengthening further. The next major resistance is at 140.03.

[hamza661]

jbp/jpy pair cannot break the Resistance level 136.15 and bounces from it. Currently it is testing the Support level 135.40. Given that the pair fails to break it and continues its upward trend and manages to break the Resistance level 136.15, we will get a good opportunity to buy enabling the Resistance level of 136.85 as the level target. Then we should wait for breaking this Resistance level to continue the upward move and open the way towards the Resistance level of 137.50.
On the other hand, if the pair fails to break the Resistance level of 136.15 and bounces from it, it may reverse the bullish move taking a downward move which will enable the Support level of 135.40. Then we should wait for breaking this Support level in order to get new bearish signals. In case the pair is able to break the Support level and closes 4H below, we will get a bearish strength providing new sell signals which will enable the Support level of 134.80 as a level target. Based on the given H4 chart, the technical indicators provide buy signals, but as long as the Resistance level of 136.15 is unbroken, the downward move is still expected invalidating the bullish outlook. Therefore, we should wait for more confirmations before making the decision.

[sheila]

Support: 134.97
Pivot: 135.89
Resistance: 136.80

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands buy

Technical Analysis For GBPJPY 100% Buy

[yudijoni]

Upward trend chasing GBPJPY 136.35, if the opportunity to harass translucent FEN 61.8% (136.69), and FEN 100% (137.48). FEN optimal target towards 161.8% (138.75). If 136.35 survive then corrected price will be met with initial support 135.81, and 135.45. Strong Support, 135.02. Psychological support, 134.29. Areas for consideration buy are: 135.45 and 135.02. Areas for consideration sell are: 136.69; 137.48 and 138.75. reference Fibo extension up from a point 134.29 towards 136.35 and 135.45
http://financeroll.co.id/wp-content/uploads/2012/12/gbpjpy18desember2012.png

[forexking2]

This pair on still look sideways. On my see if the price can break that strong resistance 136.36 .make search again for buy OP is better. But, on other look as long as the price still move bellow that resistance 136.36 .

[genjer fx]

GBP / JPY is trading back near the top of the range weekly, last recorded at around 136.20 while the pair is moving sideways in a range between 135.42 and 136.30, ready for 2012 recorded an increase of 14% at current levels. However, there may be room for a bearish correction "Using Fibonacci retracement tool, we see that the pair could find support at around the previous high around 132.30 which coincides well with the 38.2% Fib level," said ********.com FX-Men Team. "But, if there are enough bulls in the market, we may not even see the pullback of this couple. Closing in on a high yesterday could mean that GBP / JPY is heading to 140.00. "

If the upward momentum continues, the rate of 137.00 (height 28 April 2011) was recorded as the next key resistance and then 137.70 (August 3, 2010 high) and 140.00 (high 8 April 2011). Up there, 50-month EMA at 141.40 is likely to attract an offer.

Support: 136.1487
, 136.1093
, 136.0587
Resistance: 136.3287
, 136.2893
, 136.2387

[santiika]

GBP/JPY Daily Outlook

Daily Pivots: (S1) 135.45; (P) 135.91; (R1) 136.39;

Intraday bias in GBP/JPY remains on the upside for the moment and current rally is expected to continue to next key resistance level at 140.02. On the downside, below 134.22 minor support will turn bias neutral and bring retreat. But break of 132.44 resistance turned support is needed to signal short term topping. Otherwise, we'll stay bullish in the cross.

In the bigger picture, at this point, we'd like to maintain that price actions from 116.83 (2011 low) are corrective in nature so far. Rise from 118.82 could be the third leg of the pattern from 116.83 and is still in progress. After all, the likely scenario is that we'll see more range trading between 116.83 and 140.02 (50% retracement of 163.05 to 116.83 at 139.94) ahead, before an eventual downside breakout. We'll favor this view as long as 140.02 resistance holds. Nonetheless, sustained break of 140.02 will indicate that rise from 116.83 is at least a move at the same degree as fall from 163.05 and thus stronger medium term rise would then be seen back to this level.

[dollar]

Time Frame- H1

analysis with stoch and price chart- stoch indicator is ging buy singnal with cross out.
if we look in the price chart we see that price will bounce from the support level 135.80 the up movement will continue and price will try to hit its next support at 136.85

[VANDA_S]

http://sadpanda.us/images/1297461-80K9L2R.png
On the hourly chart, price is above the 12 EMA (white) and 72 EMA (blue) indicates the trend is still up
21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Take profit: 137.28

[dollar]

time frame- H1

here the resistance level is 137.11 is trying to rejected the price and at the same time stoch is trying to come out from the over bought level. may be today we can see some down side movement. trading is accepting after breaking the support point at 136.20 and can hod till 135.75

Resistance 3- 138.28
Resistance 2- 137.52
Resistance 1- 137.11

Pivot point- 136.40

Support 1- 135.99
Support 2- 135.28
Support 3- 134.87

[mose]

i have always been loving the flow with gbp/jpy reason being they have the best trend in the market and i think with this kind of trading things might become a little more exiting.

[erespe]

A bearish reversal is expected after GBPJPY rejected by resistance level 1373.16. The pair is now start to fall, and it may goes down back to its daily pivot at 136.46. A breakout to the pivot may cause the pair fall further to 136.08 or lower.

[sheila]

Support: 135.41
Pivot: 136.51
Resistance: 137.60

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands buy

Technical Analysis For GBPJPY 100% Buy

[santiika]

GBP/JPY Daily Outlook

Daily Pivots: (S1) 136.12; (P) 136.52; (R1) 137.21;

GBP/JPY's rally extends further to as high as 137.14 so far today and intraday bias remains on the upside. As noted before, current rally from 118.82 is expected to continue to test 140.02 key resistance level next. On the downside below 135.82 minor support will turn bias neutral and bring consolidations But break of 132.44 resistance turned support is needed to indicate reversal. Otherwise, outlook remains bullish.

In the bigger picture, at this point, we'd like to maintain that price actions from 116.83 (2011 low) are corrective in nature so far. Rise from 118.82 could be the third leg of the pattern from 116.83 and is still in progress. After all, the likely scenario is that we'll see more range trading between 116.83 and 140.02 (50% retracement of 163.05 to 116.83 at 139.94) ahead, before an eventual downside breakout. We'll favor this view as long as 140.02 resistance holds. Nonetheless, sustained break of 140.02 will indicate that rise from 116.83 is at least a move at the same degree as fall from 163.05 and thus stronger medium term rise would then be seen back to this level.

[fanikakkoo]

Gbp-jpy

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.........

[santiika]

GBP/JPY Mid-Day Outlook

Daily Pivots: (S1) 136.12; (P) 136.52; (R1) 137.21;

GBP/JPY soars to as high as 137.86 so far today and intraday bias remains on the upside for the moment. Current rally from 118.82 is expected to continue to test 140.02 key resistance level next. On the downside below 136.40 minor support will turn bias neutral and bring consolidations But break of 132.44 resistance turned support is needed to indicate reversal. Otherwise, outlook remains bullish.

In the bigger picture, at this point, we'd like to maintain that price actions from 116.83 (2011 low) are corrective in nature so far. Rise from 118.82 could be the third leg of the pattern from 116.83 and is still in progress. After all, the likely scenario is that we'll see more range trading between 116.83 and 140.02 (50% retracement of 163.05 to 116.83 at 139.94) ahead, before an eventual downside breakout. We'll favor this view as long as 140.02 resistance holds. Nonetheless, sustained break of 140.02 will indicate that rise from 116.83 is at least a move at the same degree as fall from 163.05 and thus stronger medium term rise would then be seen back to this level.

[genjer fx]

For GBPJPY - this look on still to bulls. We see - that this bulls nice started after price was break up to more that resistance line at 136.36 at several times ago. So, I see - make plan for buy Op with Sl on bellow that ex. resistance (136.36) = better idea for now

[winstead]

GBPJPY rise is overextended but still manages to make new highs. The resistance at 137.06 has been breached. A key short-term support is at 135.46. GBPJPY also has broken its long-term falling trendline. This breakout calls for further long-term strength. The next key resistance is at 140.03.

[sulasih]

the pair as we can see on the chart has success in breaking the level of 129.00 and reached the level of 128.60 , that's mean the down trend is standing and the pair might head to 128.30 then 128.00 , good luck

[sheila]

Support: 136.13
Pivot: 137.22
Resistance: 138.31

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis For GBPJPY 80% Buy

[dollar]

todays pivot point are-
Resistance 3- 138.66
Resistance 2- 138.18
Resistance 1- 137.60

Pivot point- 137.12

Support 1- 136.54
Support 2- 136.06
Support 3- 135.48

In the h1 time frame we can see that price is supporting at 136.06 there is we can see a candlestick pattern it this level is not break then price will move up and hit the 137.12

[genjer fx]

Pre-Signal Analysis: Bearish
Recommendation: search also sell gold - especially if the 23.6 fib 136.37 can be broken seller

[secret alibi]

http://sadpanda.us/images/1301019-7BGMP4L.png
As long as price stay above 50 ema, the trend will remain bullish trend
During the last MACD above level 0, the trend will remain bullish trend
Trend: bullish
Target 137.54

[munabahi]

Maine soch raha ki ye hammer price ko upar jane ke liye signal dita, lekin idar H1 chart me hammer 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.

[winstead]

GBPJPY rise is overextended yesterday, made an intraday bearish reversal close to the resistance at 137.06. A break of the key short-term support at 135.46 is needed to suggest a deeper correction. GBPJPY has broken its long-term falling trendline. This breakout calls for further long-term strength. The next key resistance is at 140.03.

[erespe]

GBPJPY was broke the second support level 136.48, it may continue fall towards next support at 135.67 or lower, and after that, the pair may bounce back to 136.48

[dollar]

Today’s technical analysis-
the price is acting at a support level at 136.30 there is may be possiblilty that price will break this support and falling down to reach the next support zone at 135.59
Resistance 3- 139.09
Resistance 2- 138.27
Resistance 1- 137.75
Pivot point- 136.93
Support 1- 136.41
Support 2- 135.59
Support 3- 135.07

[secret alibi]

http://sadpanda.us/images/1302395-1BGYDU7.png
As long as price stays below ema 50, the trend will remain bearish trend
During the last MACD below the level 0, the trend will remain bearish trend
Trend: Bearish
Target: 135.33

[Boran7]

Great deal for the purchase can now get on gbp / jpy, couple came close to the midterm 136.10 resistance and stopped near him, from this level several times observed retreat north + main trend is still north, and also MASD RSI formed buy signals , stop short - just below the 136.00 figure.

[Ravi77]

GBPJPY is moving between the support and resistance level now, and it's better to wait the interaction between price and the nearest support or resistance to determine the next direction of GBPJPY.
If GBPJPY can break the resistance level at 137.57, this pair will go up to the next resistance level at 138.49. But if GBPJPY can break the support level at 136.61, this pair may falls to the lower support level at 135.61.

[ososelgin]

The GBPJPY didn't make significant movement yesterday. The double top bearish scenario remains intact but would need a clear break below 130.84 strong support area to continue the bearish scenario testing 130.20 and 129.33. Immediate resistance at 132.00. Break above that area could trigger further upside pullback testing 133.00 and could be a serious threat to the double top bearish scenario.

[dollar]

weekly analysis-

as per the analysis with stoch indicator- we can see that price has been reache in the range of over bought so there is more attention of short signal. in the price chart we can see that price is having a resistance near to 139.00 level. so there is more possibility price first hit this level and they falling so we must wait to hit 139.00 for short position.

[Jobs]

Yes on 4 hour chart pair paints a very strong trend ... and that there is support for 136.70 ... if the couple does not break it down it will be a very strong confirmation of the buyer .... but to be honest I think that this growth must come at least lateral movement, and may fall to earlier levels of 132.80 ... so personally, I do consider the pair to fall ..

[ispgamer]

GBP-JPY still sideways. The price candle still look move so slow near the pivot line (136.02). So, just wait and see it's more better idea now. I can say bearish here if then seller was truly can break down that pivot line (136.02).

[erespe]

As it opened below the daily pivot point, gbpjpy will likely goes down towards 135.54. However if the pair rise and break up the pivot 136.44, it is possible to move higher to touch 137.06 level.

[dollar]

Today’s technical analysis
analysis as per h4 time frame- here we can see see that price will move up side but not able to cross it last higher level at 137.40 so it give us short signal but in other hand analysis with stoch indicator there is up movement is possible so we can take short possition near to 137.00
Resistance 3- 138.59
Resistance 2- 137.95
Resistance 1- 137.03
Pivot point- 136.39
Support 1- 135.47
Support 2- 134.83
Support 3- 133.91