Gbp/Jpy

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

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.

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

My sell target is hited by gbp/jpy . in sell 37 pips profit. I am happy that today my prediction for gbp/ jpy falling is correct. . today not more. see next monday

gbpjpy pair kafi low ke kareeb chal raha hai aur mere khaya sle yaha se isko aur sell nahi karna chahaiye..
isko 128-129 ke pas se buy kiya ja sakta hai long term ke liye

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

For the Daily chart , we can notice that the pair has broken its bullish channel from a period and started to fall down on a bearish channel , the pair has just made a retest on the lower line of this bearish channel and reversed its direction by moving up , for me i expect this pair to continue moving up till it reach the resistance level @ 125.03(50.0%) then @ 126.96 (61.8%) or below it a little , then the pair will move down again on the channel indicated , i support now to buy on the short term and sell later , Good Luck

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".
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

After understanding the analysis I am trying to discuss Gbp/Jpy pair today.

After spending a great time on this pair I would be able to understand the trend of this pair. I am not 100% sure about it but it is my opinion only.

Trading recommendation for a big profit is… ( sell )

I use the moving average for analysis

Moving Average (period 60) Red: state
Moving Average (Period 10) Yellow: up
Moving Average: (Period 200) green: down
Crossing Point:140.09
End point of today market: 140.05

Everyone made his stretigy by its own opinions. Some peoples used fundamental approaches, some people used moving averages and other then used supports and residences , who help him to make his stretigy .

Today i discuss about the pair of ---Gbp/Jpy
My recommendation about this pair is --buy

Overall up movement :140.145
Overall down movement: 139.951
Running pivot point:140.032