Gbp/Jpy

[ng1985]

pair- gbp/jpy
chart analysis time frame- m30



the rsi indicator is showing oversold as its moving below the 30 level and in the price chart its making doji pattern near to daily support level three at 172.09 level. the price may again up side make long entry with take profit at 173.00 and stop loss at the 171.50

good luck

[Emi]

http://prntscr.com/4a02mx
analysis for today 8 / 6 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPJPY on the date 8 / 5 / 2014
OPEN 172.96
HIGH 173.51
LOW 172.78
CLOSED 173.24

The third resistance (R3) 173.51 - ( 173.18 - 172.78 = 0.40 x 2 = 0.79 )= 174.30
The second Resistance (R2) 173.18 + 173.51 - 172.78 = 173.91
First resistance (R1) 173.18 x 2 = 346.35 - 172.78 = 173.57
pivot points 173.51 + 172.78 + 173.24 = 519.53 / 3 = 173.18
Support for the first (S1) 173.18 x 2 = 346.35 - 173.51 = 172.84
Support second (S2) 173.18 - ( 173.51 - 172.78 = 0.73 ) = 172.45
Third Support (S3) 172.78 - ( 173.51 - 173.18 = 0.33 x 2 = 0.67 )= 172.11

[BURHANFX]

http://prntscr.com/49t2td
analysis for today 8 / 5 / 2014
GBP/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 172.79
Retracement (50%) 172.73
retracement (61,8%) 172.66

Extensions (61.8%) 173.34
Extensions (100.0%) 173.55
Extensions (138.2%) 173.76
Extensions (161.8%) 173.89
calculation based on a Fibonacci retracement then today I choose buy

[Emi]

http://prntscr.com/49pj8v
analysis for today 8 / 5 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPJPY on the date 8 / 4 / 2014
OPEN 172.65
HIGH 173.00
LOW 172.45
CLOSED 172.97

The third resistance (R3) 173.00 - ( 172.81 - 172.45 = 0.36 x 2 = 0.71 )= 173.71
The second Resistance (R2) 172.81 + 173.00 - 172.45 = 173.36
First resistance (R1) 172.81 x 2 = 345.61 - 172.45 = 173.16
pivot points 173.00 + 172.45 + 172.97 = 518.42 / 3 = 172.81
Support for the first (S1) 172.81 x 2 = 345.61 - 173.00 = 172.61
Support second (S2) 172.81 - ( 173.00 - 172.45 = 0.55 ) = 172.26
Third Support (S3) 172.45 - ( 173.00 - 172.81 = 0.19 x 2 = 0.39 )= 172.06

[Bieela]

Clearly visible on GBPJPY moving average indicator will continue its bullish trend, although he will be corrections to the first level of 172.81 but then will continue its bullish trend towards the 173.54 -173.71 or can be higher than that.

[ng1985]

pair- gbp/jpy
chart analysis time frame- h4



the price is moving in the down trend channel pattern with having the support at 172.10 level resistance at the 173.70 level. now the price is lower supporting trend line up movement can expected. we can long with the stop loss at 171.50 and profit target 172.00
good luck

[ali90]

After taking a quick look on the chart of GBPJPY first thing you have a good buy signal on the Henkin Ashi and down arrow on the chart In the same time a sell signal occurs on the trend session indicator by showing a red bar at the last candle In additional to a sell cross taking a place on the trend following indicators Snake and T3-Clean which may be a good signal to open a sell possitions at any good place If you decided to sell you should keep an eye on the level 172.04 as the price bounced from it the last time then you can consider it asa your first support to close your order once hitting it

[ng1985]

pair- gbp/jpy
chart analysis time frame- m30



up trend channel pattern is break the support at 173.55 level and falling down side with making strong bearish candle. the price is moved to the 172.85 level and may be continue to the 172.65 level. the rsi is showing oversold so up movement can expected. long with stop loss at 172.40
good luck

[usali]

bhai aap ne yeh kia silsila start kr diya mujhe to es ki koi samjh nahi aai k es thread mein mujhe kia likhna hai or kia nahi likhna to plz aap koi friend mind mat krna q k mein new user hou or es liye mujhe zara samjh nahi aai

[Gamabunta]

as we can see in the chart below there is a head and shoulders pattern in the GBP/JPY pair that's why i think that we should look only for short opportunities, I think that we should sell after breaking the 173.37 level with a daily candle.