GBP/JPY
GBP JPY
- JPY (-)
- Real time data - Forex
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Change: -
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Type: Forex
Ticker: GBPJPY
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GBP/JPY - 15 min. - Technical analysis published on 05/29/2023 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bullish
Underlying: Slightly bearish
Technical indicators
61%
0%
39%
My opinion
Neutral between 173.17 JPY and 174.14 JPY
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 174.14 JPY. The first support is located at 173.17 JPY. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by GBP/JPY.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.

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 dbean323. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

GBP/JPY rating 173.29 JPY. The price is lower by -0.16% since the last closing and was between 172.95 JPY and 173.98 JPY. This implies that the price is at +0.20% from its lowest and at -0.40% from its highest.

172.95
173.98
173.29

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

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:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


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 bearish. Only 50.00% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 15 minutes


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 15 minutes



An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Aroon indicator bullish trend

Type : Bullish

Timeframe : 15 minutes



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 15 minutes



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 171.01 172.23 172.79 173.29 195.83 221.93 250.38
Change (%) -1.32% -0.61% -0.29% - +13.01% +28.07% +44.49%
Change -2.28 -1.06 -0.50 - +22.54 +48.64 +77.09
Level Major Intermediate Intermediate - Major Minor 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
Standard171.08171.64172.61173.17174.14174.70175.67
Camarilla173.15173.29173.43173.57173.71173.85173.99
Woodie171.28171.74172.81173.27174.34174.80175.87
Fibonacci171.64172.23172.59173.17173.76174.12174.70


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard169.39170.30171.93172.84174.47175.38177.01
Camarilla172.87173.10173.34173.57173.80174.04174.27
Woodie169.76170.48172.30173.02174.84175.56177.38
Fibonacci170.30171.27171.87172.84173.81174.41175.38


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard157.15159.96165.58168.39174.01176.82182.44
Camarilla168.88169.66170.43171.20171.97172.75173.52
Woodie158.56160.66166.99169.09175.42177.52183.85
Fibonacci159.96163.18165.17168.39171.61173.60176.82

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): 53.08
MACD (12,26,9): -0.0500
Directional Movement: -3.31
AROON (14): 57.14
DEMA (21): 173.08
Parabolic SAR (0,02-0,02-0,2): 172.99
Elder Ray (13): 0.08
Super Trend (3,10): 173.32
Zig ZAG (10): 173.26
VORTEX (21): 1.0500
Stochastique (14,3,5): 86.92
TEMA (21): 173.12
Williams %R (14): -6.45
Chande Momentum Oscillator (20): 0.12
Repulse (5,40,3): 0.0900
ROCnROLL: -1
TRIX (15,9): -0.0100
Courbe Coppock: 0.03
MA7: 172.55
MA20: 170.93
MA50: 167.40
MA100: 164.13
MAexp7: 173.15
MAexp20: 173.16
MAexp50: 173.27
MAexp100: 173.27
Price / MA7: +0.43%
Price / MA20: +1.38%
Price / MA50: +3.52%
Price / MA100: +5.58%
Price / MAexp7: +0.08%
Price / MAexp20: +0.08%
Price / MAexp50: +0.01%
Price / MAexp100: +0.01%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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