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Thread: Gbp/Jpy

  1. #12221
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    GBPJPY heads higher towards key resistance level as it retain its short term uptrend. On the downside, support comes in at the 147.50 level where a violation will aim at the 147.00 level. A break below here will target the 146.50 level followed by the 146.00 level. Conversely, resistance is seen at the 148.50 level followed by the 149.00 level. A cut through that level will set the stage for a move further higher towards the 149.50 level. Further out, resistance resides at the 150.00 level. Its daily RSI bullish and pointing higher suggesting further strength. All in all, GBPJPY looks to strengthen further lower.

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    The GBP/JPY edged higher to reach below 148.700 on stronger Sterling. While the Japanese Yen weakened after the Bank of Japan kept monetary policy steady on Friday. The technical indicators are lining up for a bearish retracement. GBP/JPY is trading above 100 periods MAs suggesting a bullish momentum in the short term.





    Support Resistance
    147.28 148.77
    146.59 149.57
    145.1 151.06
    Key Trading Level: 148.08


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  5. #12219
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    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

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    GBP/JPY
    The British Pound (GBP) against the Japanese Yen (JPY) pair denotes how many Yen are needed to purchase one Pound Sterling. GBP/JPY is a pair widely followed by scalpers and forex day traders. Day traders love the wide and volatile swings the pair tends to make on a day by day basis. There is enough liquidity in the pair for scalpers to quickly get into and out of trades. Additionally, forex technical analysis, such as support and resistance trading, tends to work well due to the amount of volume and forex transactions that takes place in the GBPJPY. This volume and liquidity carves technical patterns

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  9. #12217
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    Gbp/Jpy

    Resistance and Supporting level today,s

    indicator is :
    parabolic is : sell trend
    Moving Average:Bearish trend
    MACD:Bearish trend


    Resistance level today,s is

    First Resistance is:148.42
    Second Resistance is: 148.68
    Third Resistance is: 148.91


    Supporting levels today,s is

    First Support is: 147.67
    Second Support is:147.52
    Third Support is:147.11

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  11. #12216
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    Analysis For Gbp/Jpy

    Today's Trend is: Bearish

    Support levels for the pair is :
    Support 1: 147.75
    Support 2: 147.49
    Support 3: 147.1

    Resistence levels for the pair is :
    Resistence 1: 148.15
    Resistence 2: 148.29
    Resistence 3: 148.69

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    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

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    Today technical analysis of Gbp/jpy

    Moving Average:sell
    Parabolic SAR:sell


    Resistance and supporting level is:

    Current Price is :147.99
    Resistance level first: 148.15
    Resistance level 2nd : 148.26
    Resistance level 3rd: 148.37

    Supporting level first: 147.87
    Supporting level 2nd: 147.75
    Supporting level 3rd:147.62

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  17. #12213
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    Today's technical analysis for the pair Gbp jpy.
    The current price of the pair is 147.89 and the pair is showing a bearish movement.
    Signal for today:- Sell

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  19. #12212
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    GBP/JPY Price Forecast – British pound approaching major levelThe British pound rallied against the Japanese yen during most of the trading session on Thursday, but as you can see by the chart we have significant resistance just above.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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