GBP/JPY - 1H - Technical analysis published on 02/19/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 190.93 JPY
My targets
190.10 JPY (-0.53)
189.58 JPY (-1.05)
My analysis
GBP/JPY is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 190.93 JPY. The next support located at 190.10 JPY is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 189.58 JPY. Below this support, sellers could then target 187.61 JPY.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
5.9
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This analysis was given by Goncalo. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/JPY price is 190.63 JPY. The price is lower by -0.61% since the last closing and was traded between 190.45 JPY and 192.12 JPY over the period. The price is currently at +0.09% from its lowest and -0.78% from its highest.190.45
192.12
190.63
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this GBP/JPY chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
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 horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 187.61 | 189.58 | 190.10 | 190.63 | 190.93 | 191.49 | 191.95 |
| Change (%) | -1.58% | -0.55% | -0.28% | - | +0.16% | +0.45% | +0.69% |
| Change | -3.02 | -1.05 | -0.53 | - | +0.30 | +0.86 | +1.32 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 189.85 | 190.39 | 191.09 | 191.63 | 192.33 | 192.87 | 193.57 |
| Camarilla | 191.45 | 191.56 | 191.68 | 191.79 | 191.90 | 192.02 | 192.13 |
| Woodie | 189.93 | 190.43 | 191.17 | 191.67 | 192.41 | 192.91 | 193.65 |
| Fibonacci | 190.39 | 190.86 | 191.16 | 191.63 | 192.10 | 192.40 | 192.87 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 182.27 | 184.70 | 188.20 | 190.63 | 194.13 | 196.56 | 200.06 |
| Camarilla | 190.07 | 190.61 | 191.16 | 191.70 | 192.24 | 192.79 | 193.33 |
| Woodie | 182.81 | 184.97 | 188.74 | 190.90 | 194.67 | 196.83 | 200.60 |
| Fibonacci | 184.70 | 186.97 | 188.37 | 190.63 | 192.90 | 194.30 | 196.56 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 179.42 | 184.38 | 188.35 | 193.31 | 197.28 | 202.24 | 206.21 |
| Camarilla | 189.87 | 190.69 | 191.51 | 192.33 | 193.15 | 193.97 | 194.79 |
| Woodie | 178.94 | 184.13 | 187.87 | 193.06 | 196.80 | 201.99 | 205.73 |
| Fibonacci | 184.38 | 187.79 | 189.90 | 193.31 | 196.72 | 198.83 | 202.24 |
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): | 38.81 | |
| MACD (12,26,9): | -0.1100 | |
| Directional Movement: | -8.34 | |
| AROON (14): | -71.42 | |
| DEMA (21): | 191.21 | |
| Parabolic SAR (0,02-0,02-0,2): | 191.67 | |
| Elder Ray (13): | -0.27 | |
| Super Trend (3,10): | 191.91 | |
| Zig ZAG (10): | 190.91 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 11.68 | |
| TEMA (21): | 191.07 | |
| Williams %R (14): | -97.54 | |
| Chande Momentum Oscillator (20): | -0.87 | |
| Repulse (5,40,3): | -0.1700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.67 |
| MA7: | 191.42 | |
| MA20: | 191.53 | |
| MA50: | 193.39 | |
| MA100: | 194.21 | |
| MAexp7: | 191.11 | |
| MAexp20: | 191.32 | |
| MAexp50: | 191.38 | |
| MAexp100: | 191.30 | |
| Price / MA7: | -0.41% | |
| Price / MA20: | -0.47% | |
| Price / MA50: | -1.43% | |
| Price / MA100: | -1.84% | |
| Price / MAexp7: | -0.25% | |
| Price / MAexp20: | -0.36% | |
| Price / MAexp50: | -0.39% | |
| Price / MAexp100: | -0.35% |
Quotes :
-
Real time data
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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:
-
GBP/JPY Analysis: Pound Continues to Stabilize Against Yen
-
GBP/JPY Analysis: Can Sterling Break Free?
-
GBP/JPY Analysis: Can the GBP JPY Reach Higher
-
GBP/JPY Pirce Forecast - Dragon Continues to Consolidate
-
GBP/JPY Price Forecast - Sterling Races Higher After BoJ and PMI
This member declared not having a position on this financial instrument or a related financial instrument.
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