Londinia Opportunities Analyses - 01/23/2025 (GMT) GBP/JPY - 1H

- JPY (-)

- Real time data - Forex

Type:	Forex
Ticker:	GBPJPY
ISIN:

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

FX/Indices
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

61%

17%

22%

My opinion

Bullish above 192.40 JPY

My targets

193.03 JPY (+0.34)

194.56 JPY (+1.87)

My analysis

The basic bullish trend is very strong on GBP/JPY but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 192.40 JPY. Crossing the first resistance at 193.03 JPY would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 194.56 JPY as an objective. Crossing it would then enable buyers to target 195.83 JPY. Caution, a return to below 192.40 JPY would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

6.8

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Additional analysis

Quotes

The GBP/JPY price is 192.69 JPY. The price registered an increase of +0.03% on the session with the lowest point at 192.29 JPY and the highest point at 193.01 JPY. The deviation from the price is +0.21% for the low point and -0.17% for the high point.

192.29

193.01

192.69

Here is a more detailed summary of the historical variations registered by GBP/JPY:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of GBP/JPY indicates that the overall trend is strongly bullish. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	190.62	191.93	192.40	192.69	193.03	195.83	199.44
Change (%)	-1.07%	-0.39%	-0.15%	-	+0.18%	+1.63%	+3.50%
Change	-2.07	-0.76	-0.29	-	+0.34	+3.14	+6.75
Level	Minor	Intermediate	Minor	-	Intermediate	Major	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	190.57	191.14	191.88	192.45	193.19	193.76	194.50
Camarilla	192.27	192.39	192.51	192.63	192.75	192.87	192.99
Woodie	190.67	191.18	191.98	192.49	193.29	193.80	194.60
Fibonacci	191.14	191.64	191.95	192.45	192.95	193.26	193.76

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	184.96	187.14	188.67	190.85	192.38	194.56	196.09
Camarilla	189.17	189.51	189.85	190.19	190.53	190.87	191.21
Woodie	184.63	186.98	188.34	190.69	192.05	194.40	195.76
Fibonacci	187.14	188.56	189.44	190.85	192.27	193.15	194.56

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	179.40	183.75	190.27	194.62	201.14	205.49	212.01
Camarilla	193.81	194.81	195.80	196.80	197.80	198.79	199.79
Woodie	180.50	184.29	191.37	195.16	202.24	206.03	213.11
Fibonacci	183.75	187.90	190.46	194.62	198.77	201.33	205.49

Numerical data

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

Technical indicators

Moving averages

RSI (14):	55.79
MACD (12,26,9):	0.0700
Directional Movement:	2.30
AROON (14):	-78.57
DEMA (21):	192.77
Parabolic SAR (0,02-0,02-0,2):	192.30
Elder Ray (13):	0.10
Super Trend (3,10):	192.32
Zig ZAG (10):	192.74
VORTEX (21):	1.0300
Stochastique (14,3,5):	72.80
TEMA (21):	192.66
Williams %R (14):	-37.14
Chande Momentum Oscillator (20):	0.02
Repulse (5,40,3):	0.0100
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	0.05

MA7:	191.50
MA20:	194.17
MA50:	194.10
MA100:	193.73
MAexp7:	192.70
MAexp20:	192.67
MAexp50:	192.39
MAexp100:	192.00
Price / MA7:	+0.62%
Price / MA20:	-0.76%
Price / MA50:	-0.73%
Price / MA100:	-0.54%
Price / MAexp7:	-0.01%
Price / MAexp20:	+0.01%
Price / MAexp50:	+0.16%
Price / MAexp100:	+0.36%

Quotes : - 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: