GBP/JPY
GBP JPY
- JPY (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Forex
Ticker: GBPJPY
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GBP/JPY - Daily - Technical analysis published on 09/19/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Neutral
Technical indicators
33%
17%
50%
My opinion
Bullish above 130.44 JPY
My targets
134.45 JPY (+0.01%)
136.99 JPY (+1.90%)
My analysis
The strong short-term increase of GBP/JPY should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 130.44 JPY, a purchase could be considered. The first bullish objective is located at 134.45 JPY. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 136.99 JPY. If there is any crossing, the next objective would be the resistance at 139.65 JPY. Caution, if there is a return under 130.44 JPY, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
1.6

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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

GBP/JPY rating 134.43 JPY. On the day, this instrument lost -0.58% and was traded between 134.26 JPY and 135.26 JPY over the period. The price is currently at +0.13% from its lowest and -0.61% from its highest.

134.26
135.26
134.43

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 an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of GBP/JPY indicates that the overall trend is not clearly defined. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 9 are neutral and 3 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 126.62 130.44 134.43 134.45 136.99 139.65
Change (%) -5.81% -2.97% - +0.01% +1.90% +3.88%
Change -7.81 -3.99 - +0.02 +2.56 +5.22
Level Major Intermediate - Major Minor Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard133.59134.09134.66135.16135.73136.23136.80
Camarilla134.93135.02135.12135.22135.32135.42135.51
Woodie133.62134.11134.69135.18135.76136.25136.83
Fibonacci134.09134.50134.76135.16135.57135.83136.23


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard169.09170.08172.06173.05175.03176.02178.00
Camarilla173.22173.50173.77174.04174.31174.58174.86
Woodie169.59170.33172.56173.30175.53176.27178.50
Fibonacci170.08171.22171.92173.05174.19174.89176.02


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard120.34123.45126.35129.46132.36135.47138.37
Camarilla127.61128.16128.71129.26129.81130.36130.91
Woodie120.25123.40126.26129.41132.27135.42138.28
Fibonacci123.45125.74127.16129.46131.75133.17135.47

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): 52.65
MACD (12,26,9): 1.5100
Directional Movement: 3.35
AROON (14): 64.29
DEMA (21): 135.24
Parabolic SAR (0,02-0,02-0,2): 133.99
Elder Ray (13): 0.31
Super Trend (3,10): 143.89
Zig ZAG (10): 134.45
VORTEX (21): 1.1100
Stochastique (14,3,5): 37.80
TEMA (21): 136.90
Williams %R (14): -64.61
Chande Momentum Oscillator (20): 4.18
Repulse (5,40,3): 0.1100
ROCnROLL: -1
TRIX (15,9): 0.1300
Courbe Coppock: 9.92
MA7: 136.47
MA20: 132.58
MA50: 131.74
MA100: 134.97
MAexp7: 135.37
MAexp20: 133.54
MAexp50: 133.03
MAexp100: 134.99
Price / MA7: -1.49%
Price / MA20: +1.40%
Price / MA50: +2.04%
Price / MA100: -0.40%
Price / MAexp7: -0.69%
Price / MAexp20: +0.67%
Price / MAexp50: +1.05%
Price / MAexp100: -0.41%

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

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