GBP/JPY

- JPY (-)

- Real time data - Forex

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Change:	-
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High / Low range:	-

Type:	Forex
Ticker:	GBPJPY
ISIN:

GBP/JPY - 1H - Technical analysis published on 02/28/2025 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

67%

28%

My opinion

Bullish above 189.27 JPY

My targets

190.94 JPY (+1.13)

192.11 JPY (+2.30)

My analysis

All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on GBP/JPY as long as the price remains well above 189.27 JPY. The buyers' bullish objective is set at 190.94 JPY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 192.11 JPY. If there is any crossing, the next objective would be the resistance located at 195.83 JPY. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.5

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 citytraderuk. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

GBP/JPY rating 189.81 JPY. The price registered an increase of +0.40% on the session and was between 187.68 JPY and 189.86 JPY. This implies that the price is at +1.13% from its lowest and at -0.03% from its highest.

187.68

189.86

189.81

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:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this GBP/JPY chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near support of channel

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	188.70	189.27	189.75	189.81	190.94	192.11	195.83
Change (%)	-0.58%	-0.28%	-0.03%	-	+0.60%	+1.21%	+3.17%
Change	-1.11	-0.54	-0.06	-	+1.13	+2.30	+6.02
Level	Minor	Intermediate	Minor	-	Intermediate	Major	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	186.69	187.58	188.32	189.21	189.95	190.84	191.58
Camarilla	188.60	188.75	188.90	189.05	189.20	189.35	189.50
Woodie	186.61	187.54	188.24	189.17	189.87	190.80	191.50
Fibonacci	187.58	188.21	188.59	189.21	189.84	190.22	190.84

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	183.13	185.64	187.15	189.66	191.17	193.68	195.19
Camarilla	187.56	187.92	188.29	188.66	189.03	189.40	189.77
Woodie	182.63	185.39	186.65	189.41	190.67	193.43	194.69
Fibonacci	185.64	187.18	188.12	189.66	191.20	192.14	193.68

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

Technical indicators

Moving averages

RSI (14):	58.38
MACD (12,26,9):	-0.0700
Directional Movement:	9.81
AROON (14):	-57.14
DEMA (21):	188.75
Parabolic SAR (0,02-0,02-0,2):	187.78
Elder Ray (13):	0.56
Super Trend (3,10):	189.40
Zig ZAG (10):	189.36
VORTEX (21):	0.9600
Stochastique (14,3,5):	76.79
TEMA (21):	188.74
Williams %R (14):	-9.47
Chande Momentum Oscillator (20):	0.62
Repulse (5,40,3):	0.4200
ROCnROLL:	1
TRIX (15,9):	-0.0100
Courbe Coppock:	0.45

MA7:	189.08
MA20:	190.11
MA50:	192.62
MA100:	193.88
MAexp7:	188.96
MAexp20:	188.86
MAexp50:	188.98
MAexp100:	189.15
Price / MA7:	+0.39%
Price / MA20:	-0.16%
Price / MA50:	-1.46%
Price / MA100:	-2.10%
Price / MAexp7:	+0.45%
Price / MAexp20:	+0.50%
Price / MAexp50:	+0.44%
Price / MAexp100:	+0.35%

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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