GBP/JPY

- JPY (-)

- Real time data - Forex

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Type:	Forex
Ticker:	GBPJPY
ISIN:

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

Londinia

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Timeframe : 15 min.
- Analysis generated on
Status : LEVEL MAINTAINED

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

6.4

Comment on the analysis

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:

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.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

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:

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:

Near resistance of channel

Type : Bearish

Timeframe : 15 minutes

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
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
Standard	181.90	182.81	184.39	185.30	186.88	187.79	189.37
Camarilla	185.29	185.51	185.74	185.97	186.20	186.43	186.66
Woodie	182.24	182.98	184.73	185.47	187.22	187.96	189.71
Fibonacci	182.81	183.76	184.35	185.30	186.25	186.84	187.79

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	177.47	181.99	184.45	188.97	191.43	195.95	198.41
Camarilla	184.99	185.63	186.27	186.91	187.55	188.19	188.83
Woodie	176.44	181.48	183.42	188.46	190.40	195.44	197.38
Fibonacci	181.99	184.66	186.30	188.97	191.64	193.28	195.95

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	170.40	175.25	183.56	188.41	196.72	201.57	209.88
Camarilla	188.25	189.46	190.66	191.87	193.08	194.28	195.49
Woodie	172.13	176.12	185.29	189.28	198.45	202.44	211.61
Fibonacci	175.25	180.28	183.38	188.41	193.44	196.54	201.57

Numerical data

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

Technical indicators

Moving averages

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 : - 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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