Gbp/Jpy

[Kerber]

The pair in an uptrend today was continued support resisted at the moment so until the sale of the pair will be canceled in case of breakdown of the maximum of the month for the pair to be a sell order to remove and look for an entry point to buy in the short term, although growth will take place if and the pair is only due enes...

[mitali277]

Gbp/jpy pivot levels by using fibonacci pivot indicator.

r3: 157.19
r2: 156.74
r1: 156.47

pivot : 1.56.02

s1: 155.57
s2: 155.29
s3: 154.84

[mesdo5200]

the pair can close up the up trend line
i see the pair will go to up way to 157.02
so our target buy from 156.02 and our target will 100pips
Good luck

[hwida 1046]

elliott elongated flat correction up 157.22 currently upternd should end around 156.33 - 156.65 area acorrection down to below 155.51 is expected a rise above 157.16 will abort the expected correction

[mamana]

GBPJPY,H1
Date 2013.05.17
Time 02:00

Open 156.03
High 156.04
Low 155.95
Close 156.00
Volume 126
SMA(5) 156.07
SMA(10) 156.12
SMA(20) 156.02
SMA(50) 155.83
SMA(100) 155.81
SAR 155.85

Indicator window 1
Stoch(5,3,3) 15.6028
Signal 21.4223

Indicator window 2
RSI(14) 51.1798

Indicator window 3
MACD(12,26,9) 0.087
Signal 0.121

Indicator window 4
%R(14) -62.8571

based on combination of indicators above,
trend : NEUTRAL

[sara59852]

the pair can close up the up trend line
i see the pair will go to up way to 157.13
stochastic refers that the pair will go up
so our target buy from 156.13 and our target will 100pips

[koky90]

Hi,,,





in the chart 1h we can see the pair will go to up way in the future
I see the pair will go to 156.78
I expect from this analyze that the price will go to up way
RSI refer to the pair will go to up also..
so buy from 156.09 to 156.78
good luck

[aliv]

for GBPJPY I think he will move up to the closing price of the bullish this week, because I look at the weekly candle is still possible to break high, but it is currently bullish gbpjpy looks stronger than jpy couple others, I encourage you to keep buy from now 156.96 is appropriate for the position rebersal today

[muscle fx]

Overnight price movements in the pair has a correlation with the yen with the release of GDP in Japan, the best figures ever recorded for this year.

Initially, the Japanese currency appreciated as expected, but has given back some of its gains before the close of the Asian session. Sterling has also been muted, so that the movement to the downside in USD / JPY related. Business is being done in GBP / JPY at 155.74 earlier in the session and the pre-opening session of London. London opened and GBP / JPY down about 25 minutes into the session with lows at 155.58. Cable is now testing the 1.5200 figure, with lows 1.5201 at London session opening. While the market digests inflation report yesterday from the BoE, eyes on U.S. GDP today at 13:30 BTS, and while GBP / JPY has a foothold for recovery after the decline from 156.45 yesterday, down about 100 points during the NY session and Asia. Technically, set up still looks bullish with SMA 200 supports 154.91 area with momentum indicators push the pair higher on the chart by one hour. Or the downside, the market in a position to buy dollars and that can limit the USD / JPY for the time when Cable is testing the support line and the 1.5200 figure. USD / JPY must break 102.75 to close at 103.00 which will support the GBP / JPY. There is a down side risk in Sterling with only the opinions optimistic on the UK economy from inflation report late King to the world yesterday.


Support: 155.60, 155.49, 155.40
Resistance: 156.01, 155.90, 155.81

[brina]

gbp/jpy market analysis by using : average directional movement index on 16.05.13

adx : 33.6863
+di : 20.6980
-di : 5.8125

timeframe : 1 hour
time : 1300