GBP/JPY
7.9142
JPY
(+0.66%)
04/04/2025 - 20:59
Closed Real time data - Forex
| Open: | 7.8627 |
| Change: | +0.0517 |
| Volume: | 329,569 |
| Low: | 7.8597 |
| High: | 7.9687 |
| High / Low range: | 0.1090 |
| Type: | Forex |
| Ticker: | GBPJPY |
| ISIN: |
GBP/JPY - 1H - Technical analysis published on 08/22/2024 (GMT)
- 352
- 0
- 08/22/2024 - 07:49
- Timeframe : 1H
- - Analysis generated on 08/22/2024 - 07:49
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Neutral
Technical indicators
44%
28%
28%
My opinion
Neutral between 189.45 JPY and 190.37 JPY
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 190.37 JPY. The first support is located at 189.45 JPY. However, the chances of finding the first resistance before the first support are slightly higher. Without a basic trend, it is be important to monitor the price response at these levels. A bullish break in resistance or a bearish break in support could provide a signal that would set a new direction for the basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by GBP/JPY.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by OzO. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/JPY price is 190.07 JPY. The price has increased by +0.05% since the last closing with the lowest point at 189.69 JPY and the highest point at 190.57 JPY. The deviation from the price is +0.20% for the low point and -0.26% for the high point.189.69
190.57
190.07
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GBP/JPY:
Technical
Technical analysis of this 1H chart of GBP/JPY indicates that the overall trend is not clearly defined. This indecision could turn into a bullish trend due to the bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near support of channel
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 188.33 | 188.93 | 189.45 | 190.07 | 190.37 | 191.28 | 192.02 |
| Change (%) | -0.92% | -0.60% | -0.33% | - | +0.16% | +0.64% | +1.03% |
| Change | -1.74 | -1.14 | -0.62 | - | +0.30 | +1.21 | +1.95 |
| Level | Major | Intermediate | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 186.29 | 187.63 | 188.80 | 190.14 | 191.31 | 192.65 | 193.82 |
| Camarilla | 189.28 | 189.51 | 189.74 | 189.97 | 190.20 | 190.43 | 190.66 |
| Woodie | 186.21 | 187.59 | 188.72 | 190.10 | 191.23 | 192.61 | 193.74 |
| Fibonacci | 187.63 | 188.59 | 189.18 | 190.14 | 191.10 | 191.69 | 192.65 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 182.96 | 184.96 | 188.04 | 190.04 | 193.12 | 195.12 | 198.20 |
| Camarilla | 189.73 | 190.20 | 190.66 | 191.13 | 191.60 | 192.06 | 192.53 |
| Woodie | 183.51 | 185.23 | 188.59 | 190.31 | 193.67 | 195.39 | 198.75 |
| Fibonacci | 184.96 | 186.90 | 188.10 | 190.04 | 191.98 | 193.18 | 195.12 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 171.15 | 181.67 | 187.09 | 197.61 | 203.03 | 213.55 | 218.97 |
| Camarilla | 188.14 | 189.60 | 191.06 | 192.52 | 193.98 | 195.44 | 196.90 |
| Woodie | 168.61 | 180.40 | 184.55 | 196.34 | 200.49 | 212.28 | 216.43 |
| Fibonacci | 181.67 | 187.76 | 191.52 | 197.61 | 203.70 | 207.46 | 213.55 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 47.48 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 9.72 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 190.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 190.60 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 189.29 | |
| Zig ZAG (10): | 189.89 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 62.29 | |
| TEMA (21): | 190.15 | |
| Williams %R (14): | -43.75 | |
| Chande Momentum Oscillator (20): | 0.23 | |
| Repulse (5,40,3): | -0.0800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.10 |
| MA7: | 190.27 | |
| MA20: | 190.07 | |
| MA50: | 197.95 | |
| MA100: | 197.00 | |
| MAexp7: | 190.11 | |
| MAexp20: | 190.06 | |
| MAexp50: | 190.05 | |
| MAexp100: | 190.00 | |
| Price / MA7: | -0.11% | |
| Price / MA20: | -0% | |
| Price / MA50: | -3.98% | |
| Price / MA100: | -3.52% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | +0.01% | |
| Price / MAexp100: | +0.04% |
Quotes :
08/22/2024 - 07:49
-
Real time data
-
Forex
News
Don't forget to follow the news on GBP/JPY. At the time of publication of this analysis, the latest news was as follows:
-
08/14/2024 - 15:05
GBP/JPY Forecast August 15, 2024
-
08/09/2024 - 19:12
GBP/JPY Forecast August 12, 2024
-
08/01/2024 - 16:21
GBP/JPY Forecast August 2, 2024
-
07/30/2024 - 15:55
GBP/JPY Forecast July 31, 2024
-
07/23/2024 - 15:19
GBP/JPY Forecast July 24, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
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