GBP/JPY - 1H - Technical analysis published on 02/27/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 189.27 JPY
My targets
190.94 JPY (+1.05)
192.11 JPY (+2.22)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only 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.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.4
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Additional analysis
Quotes
GBP/JPY rating 189.89 JPY. On the day, this instrument gained +0.59% and was traded between 188.57 JPY and 190.11 JPY over the period. The price is currently at +0.70% from its lowest and -0.12% from its highest.188.57
190.11
189.89
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 188.70 | 189.27 | 189.75 | 189.89 | 190.94 | 192.11 | 195.83 |
| Change (%) | -0.63% | -0.33% | -0.07% | - | +0.55% | +1.17% | +3.13% |
| Change | -1.19 | -0.62 | -0.14 | - | +1.05 | +2.22 | +5.94 |
| Level | Minor | Major | Intermediate | - | Major | 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 | 186.71 | 187.56 | 188.17 | 189.02 | 189.63 | 190.48 | 191.09 |
| Camarilla | 188.38 | 188.51 | 188.65 | 188.78 | 188.91 | 189.05 | 189.18 |
| Woodie | 186.59 | 187.50 | 188.05 | 188.96 | 189.51 | 190.42 | 190.97 |
| Fibonacci | 187.56 | 188.12 | 188.46 | 189.02 | 189.58 | 189.92 | 190.48 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 61.82 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 9.86 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 189.07 | |
| Parabolic SAR (0,02-0,02-0,2): | 188.57 | |
| Elder Ray (13): | 0.24 | |
| Super Trend (3,10): | 188.58 | |
| Zig ZAG (10): | 189.63 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 69.01 | |
| TEMA (21): | 189.11 | |
| Williams %R (14): | -0.90 | |
| Chande Momentum Oscillator (20): | 0.77 | |
| Repulse (5,40,3): | 0.5300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.09 |
| MA7: | 189.26 | |
| MA20: | 190.28 | |
| MA50: | 192.73 | |
| MA100: | 193.94 | |
| MAexp7: | 189.14 | |
| MAexp20: | 189.05 | |
| MAexp50: | 189.06 | |
| MAexp100: | 189.26 | |
| Price / MA7: | +0.33% | |
| Price / MA20: | -0.20% | |
| Price / MA50: | -1.47% | |
| Price / MA100: | -2.09% | |
| Price / MAexp7: | +0.40% | |
| Price / MAexp20: | +0.44% | |
| Price / MAexp50: | +0.44% | |
| Price / MAexp100: | +0.33% |
Quotes :
-
Real time data
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Forex
News
The last news published on GBP/JPY at the time of the generation of this analysis was as follows:
-
GBP/JPY Analysis: Can the Pound Find Traction Against the Yen?
-
GBP/JPY Analysis: The British Pound Looks for a Bottom Against the Yen
-
GBP/JPY Analysis: Pound Continues to Stabilize Against Yen
-
GBP/JPY Analysis: Can Sterling Break Free?
-
GBP/JPY Analysis: Can the GBP JPY Reach Higher
This member declared not having a position on this financial instrument or a related financial instrument.
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