GBPJPY keep pushing on
British Pound / Japanese Yen forum
GBPJPY keep pushing on
GBPJPY closed and Enjoy the profit. Good Luck
GBPJPY close another’s 3 lots buy from last Friday, entry level 192.45, close at 195.45, 300pips per lots , balance 4 lots look for 197.4 move
GBPJPY 2/2 Summary of Key Levels
Daily & 4-Hour Support and Resistance
Daily Support Levels: 192.500, 191.800, 190.500
Daily Resistance Levels: 196.000, 197.500, 198.200
4-Hour Support Levels: 194.000, 193.500, 192.800
4-Hour Resistance Levels: 195.800, 196.500, 197.000
Exponential Moving Average (EMA) Levels
Daily EMA Levels:
EMA 50: 194.200
EMA 100: 193.900
EMA 200: 193.500
EMA 400: 192.800
4-Hour EMA Levels:
EMA 50: 195.000
EMA 100: 194.500
EMA 200: 194.200
EMA 400: 193.800
Weekly Pivots
Weekly Pivot Levels:
Pivot Point: 195.000
Support 1: 194.500
Resistance 1: 195.500
Daily Pivots
Daily Pivot Levels:
Pivot Point: 195.268
Support 1: 194.800
Resistance 1: 195.800
Fibonacci Retracement Levels
Key Fibonacci Levels:
0.236: 193.562
0.382: 192.850
0.618: 191.800
Fundamental Analysis
Upcoming USD News
As we analyze the GBPJPY market, it is crucial to consider upcoming economic events that could impact the USD and, consequently, the GBPJPY pair. Traders should be aware of the following scheduled news events:
Consumer Price Index (CPI) Release: Expected on May 15, 2025
Federal Reserve Meeting Minutes: Scheduled for May 17, 2025
Retail Sales Data: Anticipated on May 20, 2025
These economic indicators are vital as they can influence market sentiment and drive price movements in the GBPJPY pair. The CPI, for instance, is a key measure of inflation and can lead to adjustments in monetary policy by the Federal Reserve, impacting the USD’s value.
Conclusion
In summary, the GBPJPY market presents various trading opportunities based on the current technical indicators and upcoming economic events. By closely monitoring support and resistance levels, EMAs, Fibonacci retracement levels, and fundamental news, traders can better position themselves in this dynamic market. Stay tuned for further updates and analysis as we navigate the complexities of the forex landscape.
GBPJPY 1/1 GBPJPY Daily Market Analysis—May 12, 2025
Introduction
The GBPJPY currency pair has shown significant activity, currently trading at 195.268 USD. In this analysis, we will delve into the daily and 4-hour time frames, utilizing various technical indicators including Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, and more. This comprehensive overview aims to equip traders with the insights needed to make informed decisions in the ever-changing forex market.
Market Overview
Current Price
GBPJPY Live Price: 195.268 USD
Swing High and Low
Swing High: 193.762
Swing Low: 190.330
Technical Analysis
Support & Resistance Levels
Daily Time Frame
Support Levels:
1: 192.500
2: 191.800
3: 190.500
Resistance Levels:
1: 196.000
2: 197.500
3: 198.200
4-Hour Time Frame
Support Levels:
1: 194.000
2: 193.500
3: 192.800
Resistance Levels:
1: 195.800
2: 196.500
3: 197.000
Fibonacci Retracement Levels
Using the recent swing high and low, the Fibonacci retracement levels are calculated as follows:
0.236: 193.562
0.382: 192.850
0.618: 191.800
These levels indicate potential support and resistance areas, which can be critical for traders looking to identify entry and exit points.
Exponential Moving Averages (EMA)
Daily Time Frame
EMA 50: 194.200
EMA 100: 193.900
EMA 200: 193.500
EMA 400: 192.800
4-Hour Time Frame
EMA 50: 195.000
EMA 100: 194.500
EMA 200: 194.200
EMA 400: 193.800
The EMAs provide a dynamic view of the price trend, helping traders identify bullish or bearish momentum.
RSI Divergence
The Relative Strength Index (RSI) currently shows a divergence pattern, indicating that while the price is making higher highs, the RSI is not confirming this trend. This could suggest a potential reversal or correction in the near future.
Order Blocks
Order blocks are identified around key support and resistance levels. In this analysis, the following order blocks are noteworthy:
Buy Order Block: 192.800 - 193.200
Sell Order Block: 196.000 - 196.500
These areas are crucial for understanding where institutional traders may be placing their orders, providing insight into potential price movements.
MACD Analysis
The MACD (Moving Average Convergence Divergence) is currently showing a bullish crossover, suggesting that the momentum may be shifting upwards. This indicator, combined with other technical signals, reinforces the possibility of a continued upward trend.
GBPJPY I already informed very clearly that 196-197 are our targets. Hope those who followed are running in great profit. We made 500 pips profit first. Now again from 191 we are running in 350 pips profit. We will book our profits once reached to 196. So overall we have made 1000 pips. Easy and juicy one 😘😘😘
GBPJPYSELL OPPORTUNITY
Entry Zone: 195.00-195.50
Stop Loss: 196.20
Take Profit Targets
TP1: 194.50
TP2: 194.00
TP3: 193.50
TP4: 193.00
TP5: 192.00
TP6: 191.00
TP7: 190.00
TP8: 189.00
TP9: 185.00
Note: Monitor market conditions closely and adjust positions as needed. This setup is for informational purposes and not financial advice.
GBPJPY close 3 lots buy from last Friday, entry level 192.45, close at 194.70, 225pips per lots , balance 7 lots see how it moveGBPJPY trader, buy always good😂😂😂
sell from my side