GBPJPY Pretty Sure we will reach 200.000
British Pound / Japanese Yen forum
GBPJPY Pretty Sure we will reach 200.000
GBPJPY someone chuck a 100 lot buy on please lets get this to 200!!
GBPJPY Came down to 4HR CHOCH area at around 198.200. Making its move to the upside now trying to break the counter trend. Could get a retest around 199.00/198.800. 1st Day trade target 199.600 if it can keep the momentum.
GBPJPY alright it on fibo 4 hour resistance zone. will monitor this level closely.. if it fail, will enter sell. if break buy
GBPJPY Just locked in that GBPJPY move.Don’t blink on the next one!
Idea: GBPJPY: The Bounce Begins?
GBPJPY 2/2 Summary of Key Levels
Daily & 4-Hour Support and Resistance
Daily Support: 197.500, 196.800, 195.500
Daily Resistance: 199.000, 199.500, 200.000
4-Hour Support: 198.000, 197.800, 197.200
4-Hour Resistance: 198.900, 199.200, 199.600
Exponential Moving Average (EMA) Levels
Daily Time Frame
EMA 50: 197.250
EMA 100: 196.800
EMA 200: 195.900
EMA 400: 194.500
4-Hour Time Frame
EMA 50: 198.100
EMA 100: 197.800
EMA 200: 197.200
EMA 400: 196.500
Weekly Pivots
Pivot Level: 198.500
Resistance 1: 199.000
Support 1: 197.200
Daily Pivots
Pivot Level: 198.800
Resistance 1: 199.200
Support 1: 198.000
Fibonacci Retracement Levels
23.6% Level: 197.500
38.2% Level: 197.150
50% Level: 197.075
61.8% Level: 196.500
Fundamental Analysis
Upcoming USD News
📅 Important USD News: Traders should be aware of the upcoming Federal Reserve meeting scheduled for next week. The market is anticipating potential interest rate hikes, which could significantly impact the GBPJPY pair. Additionally, the release of the Consumer Price Index (CPI) data is expected this month, which will provide insights into inflation trends and could influence market sentiment towards the USD.
The outcomes of these events are likely to create volatility in the GBPJPY market, making it essential for traders to stay informed and adjust their strategies accordingly.
Conclusion
The GBPJPY market presents numerous trading opportunities based on the current technical analysis. With the price nearing critical resistance levels and various indicators suggesting potential reversals, traders should proceed with caution. Keeping an eye on upcoming economic news will be crucial for navigating the market effectively. As always, ensure to implement risk management strategies to protect your capital.
GBPJPY 1/1 🟡 GBPJPY Daily Market Analysis—July 15, 2025
Introduction
The GBPJPY currency pair has been a focal point for traders due to its volatility and significant price movements. As of the latest market update, the live price stands at 198.902 USD. This analysis will delve into the daily and 4-hour time frames, employing various technical indicators such as Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, and more. By examining these factors, we can gain insights into potential market movements and trading opportunities.
Market Overview
Current Price Action
Current Price: 198.902 USD
Swing High: 198.810
Swing Low: 195.359
The recent price action shows the GBPJPY trading near its swing high, indicating potential resistance ahead. Traders should be vigilant as the market approaches these critical levels.
Technical Analysis
Support & Resistance Levels
Daily Time Frame
Support Levels:
1st Support: 197.500
2nd Support: 196.800
3rd Support: 195.500
Resistance Levels:
1st Resistance: 199.000
2nd Resistance: 199.500
3rd Resistance: 200.000
4-Hour Time Frame
Support Levels:
1st Support: 198.000
2nd Support: 197.800
3rd Support: 197.200
Resistance Levels:
1st Resistance: 198.900
2nd Resistance: 199.200
3rd Resistance: 199.600
Fibonacci Retracement Levels
Using the swing high of 198.810 and swing low of 195.359, we can identify key Fibonacci levels:
23.6% Level: 197.500
38.2% Level: 197.150
50% Level: 197.075
61.8% Level: 196.500
These levels provide potential entry and exit points for traders, particularly during retracements.
Exponential Moving Averages (EMA)
Daily Time Frame
EMA 50: 197.250
EMA 100: 196.800
EMA 200: 195.900
EMA 400: 194.500
The EMAs indicate a bullish trend as the price remains above the longer-term averages.
4-Hour Time Frame
EMA 50: 198.100
EMA 100: 197.800
EMA 200: 197.200
EMA 400: 196.500
The shorter EMAs on the 4-hour chart further confirm the bullish momentum, with the price consistently staying above these averages.
RSI Divergence
The Relative Strength Index (RSI) on both time frames shows divergence, suggesting potential reversals:
Daily Time Frame: The RSI is currently at 70, indicating overbought conditions. A divergence from price action could signal a pullback.
4-Hour Time Frame: The RSI is hovering around 65. A bearish divergence could indicate a potential correction, especially if the price fails to break the recent highs.
Order Blocks
Identifying order blocks is crucial for understanding potential reversal zones. Key order blocks on the daily time frame are located around:
Order Block 1: 197.800
Order Block 2: 196.500
These zones may act as support or resistance, depending on the price action in these areas.
MACD Analysis
The Moving Average Convergence Divergence (MACD) indicator is currently bullish on the daily time frame, with the MACD line above the signal line. However, a potential bearish crossover could occur if the price fails to maintain momentum above the recent highs.
GBPJPY new higher high one time
GBPJPY Intraday bias for GJ remains neutral and more consolidations could be seen below 199.87. While deeper retreat cannot be continued, further rise is expected as long as 195.33 support holds. On the upside, break of 199.87 will continue rally and target 201.14 as first level.
GBPJPY The pair is forming a descending channel, indicating potential bullish pressure building up. Price is consolidating near the lower boundary, suggesting a breakout opportunity.