GBP/JPY
GBP JPY
0.019974 JPY (-2.62%)
04/03/2025 - 19:50 Open Real time data - Forex
Open: 0.020500
Change: -0.000538
Volume: 0
Low: 0.019461
High: 0.021217
High / Low range: 0.001756
Type: Forex
Ticker: GBPJPY
ISIN:

GBP/JPY - 15 min. - Technical analysis published on 09/12/2024 (GMT)

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  • 09/12/2024 - 07:06
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  • Timeframe : 15 min.
  • - Analysis generated on 09/12/2024 - 07:06
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 185.30 JPY
My targets
186.88 JPY (+0.72)
187.79 JPY (+1.63)
My analysis
GBP/JPY is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 185.30 JPY. The next resistance located at 186.88 JPY is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 187.79 JPY. After this resistance, buyers could then target 189.37 JPY. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
6.4

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 world script ltda. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

GBP/JPY rating 186.16 JPY. The price has increased by +0.10% since the last closing and was between 185.42 JPY and 186.53 JPY. This implies that the price is at +0.40% from its lowest and at -0.20% from its highest.

185.42
186.53
186.16

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
Created with Raphaël 2.3.0-100102030January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of GBP/JPY in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 6 are bullish, 8 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 15 minutes


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 15 minutes



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 15 minutes



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 183.59 184.47 185.72 186.16 186.46 188.33 189.76
Change (%) -1.38% -0.91% -0.24% - +0.16% +1.17% +1.93%
Change -2.57 -1.69 -0.44 - +0.30 +2.17 +3.60
Level Major Minor Intermediate - Intermediate Major Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard181.90182.81184.39185.30186.88187.79189.37
Camarilla185.29185.51185.74185.97186.20186.43186.66
Woodie182.24182.98184.73185.47187.22187.96189.71
Fibonacci182.81183.76184.35185.30186.25186.84187.79


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard177.47181.99184.45188.97191.43195.95198.41
Camarilla184.99185.63186.27186.91187.55188.19188.83
Woodie176.44181.48183.42188.46190.40195.44197.38
Fibonacci181.99184.66186.30188.97191.64193.28195.95


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard170.40175.25183.56188.41196.72201.57209.88
Camarilla188.25189.46190.66191.87193.08194.28195.49
Woodie172.13176.12185.29189.28198.45202.44211.61
Fibonacci175.25180.28183.38188.41193.44196.54201.57

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Created with Raphaël 2.3.0Neutral8
Moving averages
Created with Raphaël 2.3.0Buy26

RSI (14): 54.43
MACD (12,26,9): 0.1300
Directional Movement: 5.93
AROON (14): 78.57
DEMA (21): 186.28
Parabolic SAR (0,02-0,02-0,2): 185.92
Elder Ray (13): 0.01
Super Trend (3,10): 185.73
Zig ZAG (10): 186.17
VORTEX (21): 1.1600
Stochastique (14,3,5): 55.47
TEMA (21): 186.27
Williams %R (14): -50.00
Chande Momentum Oscillator (20): 0.27
Repulse (5,40,3): -0.0600
ROCnROLL: -1
TRIX (15,9): 0.0100
Courbe Coppock: 0.49
MA7: 187.08
MA20: 189.55
MA50: 193.94
MA100: 196.57
MAexp7: 186.16
MAexp20: 186.11
MAexp50: 185.89
MAexp100: 185.78
Price / MA7: -0.49%
Price / MA20: -1.79%
Price / MA50: -4.01%
Price / MA100: -5.30%
Price / MAexp7: -0%
Price / MAexp20: +0.03%
Price / MAexp50: +0.15%
Price / MAexp100: +0.20%

Quotes : 09/12/2024 - 07:06 - Real time data - Forex

News


The latest news and videos published on GBP/JPY at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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