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GBP/JPY
GBP JPY
- JPY (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: GBPJPY
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GBP/JPY - 15 min. - Technical analysis published on 06/04/2023 (GMT)

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Londinia
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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
Short term: Neutral
Underlying: Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 173.75 JPY
My targets
174.68 JPY (+0.42)
175.15 JPY (+0.89)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on GBP/JPY. As long as you are above the support located at 173.75 JPY, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 174.68 JPY would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 175.15 JPY as an objective. Crossing it would then enable buyers to target 175.61 JPY. If the support 173.75 JPY were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.4

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.

Dorontin2002
This analysis was given by Dorontin2002. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The GBP/JPY price is 174.26 JPY. On the day, this instrument gained +0.02% and was between 174.22 JPY and 174.42 JPY. This implies that the price is at +0.02% from its lowest and at -0.09% from its highest.

174.22
174.42
174.26

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by GBP/JPY:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of GBP/JPY in 15 min. shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : 15 minutes


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 15 minutes



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 15 minutes



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 15 minutes


Support of channel is broken

Type : Bearish

Timeframe : 15 minutes



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 172.53 173.64 173.98 174.26 174.28 174.68 195.83
Change (%) -0.99% -0.36% -0.16% - +0.01% +0.24% +12.38%
Change -1.73 -0.62 -0.28 - +0.02 +0.42 +21.57
Level Intermediate Intermediate Intermediate - Minor Intermediate Major



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
Standard172.82173.29173.75174.22174.68175.15175.61
Camarilla173.96174.05174.14174.22174.31174.39174.48
Woodie172.83173.29173.76174.22174.69175.15175.62
Fibonacci173.29173.64173.86174.22174.57174.79175.15


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard170.79171.66172.94173.81175.09175.96177.24
Camarilla173.63173.83174.02174.22174.42174.61174.81
Woodie171.00171.76173.15173.91175.30176.06177.45
Fibonacci171.66172.48172.99173.81174.63175.14175.96


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard162.80165.32169.24171.76175.68178.20182.12
Camarilla171.39171.98172.57173.16173.75174.34174.93
Woodie163.50165.67169.94172.11176.38178.55182.82
Fibonacci165.32167.78169.30171.76174.22175.74178.20

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): 50.38
MACD (12,26,9): 0.0200
Directional Movement: 3.23
AROON (14): 28.58
DEMA (21): 174.31
Parabolic SAR (0,02-0,02-0,2): 174.43
Elder Ray (13): 0.02
Super Trend (3,10): 174.15
Zig ZAG (10): 174.28
VORTEX (21): 0.9300
Stochastique (14,3,5): 22.86
TEMA (21): 174.30
Williams %R (14): -65.00
Chande Momentum Oscillator (20): 0.01
Repulse (5,40,3): 0.0000
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 0.05
MA7: 173.72
MA20: 171.94
MA50: 168.69
MA100: 164.90
MAexp7: 174.30
MAexp20: 174.29
MAexp50: 174.23
MAexp100: 174.12
Price / MA7: +0.31%
Price / MA20: +1.35%
Price / MA50: +3.30%
Price / MA100: +5.68%
Price / MAexp7: -0.02%
Price / MAexp20: -0.02%
Price / MAexp50: +0.02%
Price / MAexp100: +0.08%

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:

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

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