GBPJPY buyyyyyyyyyJAPANESE YEN / BRITISH POUND forum
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GBPJPY if we close above 194.663 we will see 195, if not, we may retrace back to 194 and below
GBPJPY miss out on the buys today lol im take a sell tp 194-00 wish me luck lol
GBPJPY tp hit closed allGBPJPY wow wow, lets go, 2 positions in profit
GBPJPY close 5 lots buy from 192.7x to 194.10, 140 pips in the money .GBPJPY GJ making fund of seller and buyer 🤣🤣🤣🤣GBPJPY Today GJ possible SR and PivotGBPJPY
R3: 194.68
R2: 194.30
R1: 193.89
PP: 193.40
S1: 192.70
S2: 192.34
S3: 191.98
GBPJPY Summary of Key Levels
Daily & 4-Hour Support and Resistance
Daily Support Levels: 192.500, 191.900, 191.300
Daily Resistance Levels: 194.000, 195.000, 196.500
4-Hour Support Levels: 192.800, 192.000, 191.700
4-Hour Resistance Levels: 193.500, 194.200, 194.800
Exponential Moving Average (EMA) Levels
Daily EMA Levels:
50: 193.250
100: 192.800
200: 192.000
400: 190.500
4-Hour EMA Levels:
50: 193.100
100: 192.600
200: 192.200
400: 191.000
Weekly and Daily Pivots
Weekly Pivots:
Pivot Point: 193.000
Resistance 1: 194.000
Support 1: 192.000
Daily Pivots:
Pivot Point: 193.200
Resistance 1: 194.200
Support 1: 192.200
Fibonacci Retracement Levels
Key Levels:
23.6%: 193.500
38.2%: 192.800
50%: 192.105
61.8%: 191.500
Fundamental Analysis and Upcoming USD News
As we look ahead, it's crucial to consider upcoming economic data that could impact the GBPJPY market. Notably, the following USD news events are scheduled for the coming weeks:
📅 Important USD News Events:
Non-Farm Payrolls (NFP): The release of employment figures will be closely monitored, as stronger-than-expected job growth could strengthen the USD against the GBP.
Federal Reserve Interest Rate Decision: Any changes in the interest rate or forward guidance from the Fed will have significant implications for USD strength.
Inflation Data (CPI): Upcoming inflation reports will also play a critical role in shaping market sentiment and expectations regarding monetary policy.
These events are likely to create volatility in the GBPJPY pair, making it essential for traders to stay informed and adjust their strategies accordingly.
Conclusion
In conclusion, the GBPJPY market presents numerous opportunities for traders, with critical technical indicators suggesting potential price movements. By keeping an eye on support and resistance levels, Fibonacci retracement levels, and upcoming economic news, traders can make informed decisions in this dynamic market. As always, risk management remains paramount, and traders should be prepared for both bullish and bearish scenarios as the market unfolds.
GBPJPY 1/1 GBPJPY Daily Market Analysis—June 3, 2025
Introduction
In today's analysis, we will delve into the GBPJPY currency pair, focusing on both daily and 4-hour time frames. As of the current market price of 193.094 USD, we will utilize various technical indicators, including Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, weekly and daily pivots, Smart Money Concepts (SMC), support and resistance levels, order blocks, and the MACD. This comprehensive overview aims to provide traders with actionable insights and a clear understanding of the market dynamics at play.
Market Overview
Current Price Action
The GBPJPY has recently experienced significant volatility, with a swing high of 196.413 and a swing low of 191.897. This range presents key levels that traders should monitor closely for potential reversals or continuation patterns.
Technical Analysis
Support and Resistance Levels
Daily Time Frame:
Support Levels:
S1: 192.500
S2: 191.900
S3: 191.300
Resistance Levels:
R1: 194.000
R2: 195.000
R3: 196.500
4-Hour Time Frame:
Support Levels:
S1: 192.800
S2: 192.000
S3: 191.700
Resistance Levels:
R1: 193.500
R2: 194.200
R3: 194.800
Fibonacci Retracement Levels
Using the recent swing high and low, the Fibonacci retracement levels are calculated as follows:
Key Levels:
23.6%: 193.500
38.2%: 192.800
50%: 192.105
61.8%: 191.500
These levels provide critical insights for potential reversal points and areas of interest for traders looking to enter or exit positions.
Exponential Moving Averages (EMA)
Daily Time Frame:
EMA 50: 193.250
EMA 100: 192.800
EMA 200: 192.000
EMA 400: 190.500
4-Hour Time Frame:
EMA 50: 193.100
EMA 100: 192.600
EMA 200: 192.200
EMA 400: 191.000
The EMAs provide a dynamic view of the market trend. The positioning of these averages relative to the current price can indicate bullish or bearish sentiments.
RSI Divergence
The Relative Strength Index (RSI) is currently showing some divergence on the daily time frame. As the price reached the recent swing high, the RSI has not confirmed this move, indicating potential weakening momentum. This divergence may suggest a possible reversal or correction in the near term.
Order Blocks
Identifying order blocks on the daily and 4-hour charts reveals significant areas where institutional buying and selling have occurred.
Daily Order Blocks:
Bullish Order Block: 192.100 - 192.500
Bearish Order Block: 195.000 - 195.500
4-Hour Order Blocks:
Bullish Order Block: 192.800 - 193.200
Bearish Order Block: 194.200 - 194.600
These blocks are essential for understanding where price may react due to previous buying or selling pressure.
MACD Analysis
The Moving Average Convergence Divergence (MACD) indicator is currently showing a bullish crossover on the daily time frame, suggesting that upward momentum may be building. However, traders should remain cautious of potential pullbacks as the price approaches key resistance levels.