Gbp/Jpy

[cute1]

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.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.

[m148]

I try to make analysis for gbpjpy pair today.
I see this pair still in strong bullish movement . If this pair can break the 143.02 resistance level, I predict this pair will go up to the next resistance level at 143.50 But if this pair go down and break 142.51 support level, I predict this pair will make some correction to the next support level at around 141.99

Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 142.65 and take profit at 143.52
my advice ..don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.

[Younas007]

GBP/JPY market technical analysis

- current price of the pair is 142.75
- market have bearish trend and in sell position
- market resistance and support levels

Resistance levels

R1 143.52
R2 143.88
R3 144.47

Pivot level 142.94

Support levels

S1 142.37
S2 142.01
S3 141.43

[Sonafi]

Technical analysis of the GBP/JPY

Today Trend is : BEARISH

Today Resistance level is:

1> Resistance level is: 142.96
2> Resistance level is: 143.33
3> Resistance level is: 143.96

Today supporting level is:

1> Supporting level is : 142.56
2> Supporting level is : 142.18
3> Supporting level is : 141.92

Take profit is : 142.10

Stop loss is : 143.75

[yuyul]

Daily overview for GbpJpy

The price is finding the first support at 142.47 and the next support is at 142.28 The price is finding the first resistance at 142.92 and the next resistance is at 143.14

--- Trading recommendations for trading : Open Buy ---

I predict price will be continued flying today. The first target is the level 143.06 After fixing below the first target, then price will go to the level of 143.32 will become the next one.
we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.

Standart Support – Resistance :
Resistent1 : 142.92
Resistent2 : 143.14
Resistent3 : 143.31
Support 1 : 142.47
Support 2 : 142.28
Support 3 : 142.43

[lover222]

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

[Sing]

The industry is lastly in the procedure of repairing following the newest increase to clean 2012 peaks by 133.50. From here, we see threats for further weak point towards the 127.00 area, but eventually any extra problems should be well reinforced in support of a resumption of the new favorable pattern. We claim the mix has designed a significant cyclical base and the longer-term threats from here are for ongoing durability. Only back under 122.00 would wait perspective and give reason for issue.

[may78655]

GBP / JPY is trading in a bearish direction on the hourly interval. This trend supports the breach of the 143.07 zone, and the ADX indicator indicates the strength of the bearishness in trading above the 30-point range.
The simple moving average and the slow moving average are pointing lower as a result of the confirmation of the negative intersection at 144.00 during yesterday's trading.

[fatimamurad]

Today analysis
gbpjpy
Trend buy
Support level 1: 142.40
Support level 2: 142.00
Support level 3: 141.70
Resistance level 1: 143.10
Resistance level 2: 143.40
Resistance level 3: 143.80

[gale]

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.