Gbp/Jpy

Todays analysis for the pair Gbp jpy.

The trend is showing a bullish movement for this pair.

Buy signal for the hourly time frame.

Support levels:-

S1 144.63
S2 145.02
S3 145.24

Resistance levels:-

R1 145.63
R2 145.80
R3 146.19

the british pound (gbp) vs. the japanese yen (jpy) is a highly volatile pair. jpy is often used as a funding currency of a trade because it’s historically a low yielding currency. since uk is one of the larger economies in europe, the gbpjpy pair can be considered as a proxy for worldwide economic health. on the other hand, this pair performs like a representer for market 'risk-off' moves as the carry trade gets reversed. as a result, gbpjpy is able to develop strong trends that exceed thousands of pips.

Support and Resistance Levels for Today

Support 1:143.92
Support 2:143.18
Support 3:142.04

Pivot Point is:147.68

Resistance 1:145.80
Resistance 2:146.94
Resistance 3:147.68

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GBPJPY Analysis


Support 143.99

Support 143.12

Support 142.05


Resistance 145.74

Resistance 146.85

Resistance 147.63

Currency pair is : gbpjpy

Trend is : sell

Resistance and supporting level


Resistance level

1 Resistance is: 146.30
2 Resistance is: 146.55
3 Resistance is: 146.80

Supporting level

1 Supporting is: 145.90
2 Supporting is: 145.60
3 Supporting is: 145.30

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).

Today analysis for the pair of : gbp/jpy
Trading opinion for the best profitable trade: Open buy
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck

Resistance level

1 Resistance : 147.70
2 Resistance : 147.90
3 Resistance : 148.10

Supporting level

1 Supporting : 147.10
2 Supporting : 146.90
3 Supporting : 146.70

my dear sir today of my tachnical analysis is gbp jpy sell to bearish trends

1 Resistance is: 146.30

2 Resistance is: 146.55

3 Resistance is: 146.80

1 Supporting is: 145.90

2 Supporting is: 145.60

3 Supporting is: 145.30

today's market technical over view for gbp/jpy

according to market technical analysis the market have up trend
the market trend could remain in this position
expected resistance and support levels
market price ----------147.20

1- Resistance level----------147.34
2- Resistance level----------147.47
3- Resistance level----------147.58
1- Support level-------------147.05
2- Support level-------------146.92
3- Support level-------------146.82

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