GBP/JPY
GBP JPY
- JPY (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: GBPJPY
ISIN:

GBP/JPY - 1H - Technical analysis published on 01/21/2020 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Bearish
De fond: Bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 143.65 JPY
My targets
142.80 JPY (-0.27)
142.43 JPY (-0.64)
My analysis
There is a bearish trend on GBP/JPY both at the basic level and in the short term. A sale could be considered, so long as the price remains below 143.65 JPY. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 142.80 JPY. Then the price could move towards 142.43 JPY. Then 141.46 JPY by extension. Be careful, a return to above the resistance 143.65 JPY would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.2

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 insight. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The GBP/JPY rating is 143.07 JPY. On the day, this instrument gained -0.13% and was between 142.87 JPY and 143.30 JPY. This implies that the price is at +0.14% from its lowest and at -0.16% from its highest.

142.87
143.30
143.07

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of GBP/JPY in 1H shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA50 & MA100

Type : Bearish

Timeframe : 1 hour



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour



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

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Near support of triangle

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 142.43 142.80 142.97 143.07 143.65 143.90 144.18
Change (%) -0.45% -0.19% -0.07% - +0.41% +0.58% +0.78%
Change -0.64 -0.27 -0.10 - +0.58 +0.83 +1.11
Level Minor Minor Intermediate - Major Minor Minor



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
Standard142.35142.57142.92143.14143.49143.71144.06
Camarilla143.10143.16143.21143.26143.31143.37143.42
Woodie142.41142.60142.98143.17143.55143.74144.12
Fibonacci142.57142.79142.93143.14143.36143.50143.71


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard140.11141.24142.28143.41144.45145.58146.62
Camarilla142.73142.93143.13143.33143.53143.73143.93
Woodie140.08141.22142.25143.39144.42145.56146.59
Fibonacci141.24142.07142.58143.41144.24144.75145.58


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard133.50137.16140.63144.29147.76151.42154.89
Camarilla142.13142.78143.44144.09144.74145.40146.05
Woodie133.40137.11140.53144.24147.66151.37154.79
Fibonacci137.16139.89141.57144.29147.02148.70151.42

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): 43.05
MACD (12,26,9): -0.0600
Directional Movement: -13.14
AROON (14): -28.57
DEMA (21): 143.11
Parabolic SAR (0,02-0,02-0,2): 143.35
Elder Ray (13): -0.10
Super Trend (3,10): 143.42
Zig ZAG (10): 143.12
VORTEX (21): 0.9800
Stochastique (14,3,5): 31.33
TEMA (21): 143.14
Williams %R (14): -52.00
Chande Momentum Oscillator (20): -0.04
Repulse (5,40,3): 0.0100
ROCnROLL: 2
TRIX (15,9): -0.0100
Courbe Coppock: 0.03
MA7: 143.27
MA20: 142.95
MA50: 142.36
MA100: 139.21
MAexp7: 143.13
MAexp20: 143.19
MAexp50: 143.30
MAexp100: 143.32
Price / MA7: -0.14%
Price / MA20: +0.08%
Price / MA50: +0.50%
Price / MA100: +2.77%
Price / MAexp7: -0.03%
Price / MAexp20: -0.08%
Price / MAexp50: -0.15%
Price / MAexp100: -0.17%

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

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