GBP/JPY - 15 min. - Technical analysis published on 02/24/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bullish
Technical indicators
17%
56%
28%
My opinion
Bearish under 150.03 JPY
My targets
149.01 JPY (-0.35)
148.34 JPY (-1.02)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for GBP/JPY as long as the price remains well below 150.03 JPY. The next bearish objective for sellers is set at 149.01 JPY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 148.34 JPY. In case of crossing, the next objective would be the support located at 147.99 JPY. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 149.01 JPY. With this support, against the trend traders who want to buy GBP/JPY on a buy signal from their trading strategy should not hesitate to act.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
2
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This analysis was given by TheFuss. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GBP/JPY rating 149.36 JPY. The price has increased by +0.46% since the last closing with the lowest point at 148.64 JPY and the highest point at 150.12 JPY. The deviation from the price is +0.48% for the low point and -0.51% for the high point.148.64
150.12
149.36
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of GBP/JPY indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 146.87 | 147.40 | 148.29 | 149.36 | 152.69 | 156.07 | 195.62 |
| Change (%) | -1.67% | -1.31% | -0.72% | - | +2.23% | +4.49% | +30.97% |
| Change | -2.49 | -1.96 | -1.07 | - | +3.33 | +6.71 | +46.26 |
| Level | Minor | Major | Intermediate | - | Minor | Intermediate | Intermediate |
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 | 146.97 | 147.32 | 147.99 | 148.34 | 149.01 | 149.36 | 150.03 |
| Camarilla | 148.39 | 148.48 | 148.58 | 148.67 | 148.76 | 148.86 | 148.95 |
| Woodie | 147.14 | 147.40 | 148.16 | 148.42 | 149.18 | 149.44 | 150.20 |
| Fibonacci | 147.32 | 147.71 | 147.95 | 148.34 | 148.73 | 148.97 | 149.36 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 143.18 | 144.26 | 145.99 | 147.07 | 148.80 | 149.88 | 151.61 |
| Camarilla | 146.94 | 147.20 | 147.45 | 147.71 | 147.97 | 148.23 | 148.48 |
| Woodie | 143.50 | 144.42 | 146.31 | 147.23 | 149.12 | 150.04 | 151.93 |
| Fibonacci | 144.26 | 145.34 | 146.00 | 147.07 | 148.15 | 148.81 | 149.88 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 136.22 | 137.87 | 140.67 | 142.32 | 145.12 | 146.77 | 149.57 |
| Camarilla | 142.26 | 142.66 | 143.07 | 143.48 | 143.89 | 144.30 | 144.70 |
| Woodie | 136.81 | 138.16 | 141.26 | 142.61 | 145.71 | 147.06 | 150.16 |
| Fibonacci | 137.87 | 139.57 | 140.62 | 142.32 | 144.02 | 145.07 | 146.77 |
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): | 43.99 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | -10.97 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 149.49 | |
| Parabolic SAR (0,02-0,02-0,2): | 149.72 | |
| Elder Ray (13): | -0.15 | |
| Super Trend (3,10): | 149.88 | |
| Zig ZAG (10): | 149.39 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 24.86 | |
| TEMA (21): | 149.41 | |
| Williams %R (14): | -75.00 | |
| Chande Momentum Oscillator (20): | -0.26 | |
| Repulse (5,40,3): | -0.0300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.16 |
| MA7: | 147.88 | |
| MA20: | 145.58 | |
| MA50: | 142.68 | |
| MA100: | 140.18 | |
| MAexp7: | 149.43 | |
| MAexp20: | 149.53 | |
| MAexp50: | 149.47 | |
| MAexp100: | 149.20 | |
| Price / MA7: | +1.00% | |
| Price / MA20: | +2.60% | |
| Price / MA50: | +4.68% | |
| Price / MA100: | +6.55% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | -0.11% | |
| Price / MAexp50: | -0.07% | |
| Price / MAexp100: | +0.11% |
Quotes :
2021-02-24 16:54:28
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Real time data
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Forex
News
The latest news and videos published on GBP/JPY at the time of the analysis were as follows:
-
GBP/JPY Technical Analysis for February 25, 2021 by FXEmpire
-
GBP/JPY Technical Analysis for February 24, 2021 by FXEmpire
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GBP/JPY Technical Analysis for February 23, 2021 by FXEmpire
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GBP/JPY Weekly Price Forecast - British Pound Continues to Skyrocket Against Yen
-
GBP/JPY Price Forecast - British Pound Continues to Strengthen
This member declared not having a position on this financial instrument or a related financial instrument.
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