The analysis for GBPJPY is updated daily. Please check the update time at the top before taking any action.
British Pounds - Japanese Yen (GBP/JPY) Technical Analysis
GBP/JPY Current Exchange Rate: 148.89 (at the time of analysis update).
Outlook: Short-term: Volatile sideways. Near-term: Down / Volatile sideways.
Latest Analysis (June 18, 2013): There is no good trade configuration considering the risk-reward ratio and hence we are not taking any position.
Previous Analysis (June 17, 2013): Some more upward consolidation is expected towards 149.60 or more but the psychological pressure of 150.00 is already coming into the picture as evident by the price action of today. We are staying away at the current price level.
Note 1: Please also take a look at GBP/JPY forecast for mid-term trading approach updated on the weekends.
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GBP/JPY Resistance and Support with Daily Pivot Points (Values at GMT 00:00)
Last Updated (Tuesday, 18 June 2013 04:55) GMT
| Standard Pivot Point for GBP/JPY | Fibonacci Pivot Point for GBP/JPY | Woodie Pivot Point for GBP/JPY | Camarilla Pivot Point for GBP/JPY | ||||
| R3 | 150.62 | R3 | 150.04 | R3 | 149.3 | ||
| R2 | 150.04 | R2 | 149.61 | R2 | 150.05 | R2 | 149.19 |
| R1 | 149.51 | R1 | 149.35 | R1 | 149.55 | R1 | 149.09 |
| Pivot | 148.93 | Pivot | 148.93 | Pivot | 148.94 | Pivot | 148.93 |
| S1 | 148.4 | S1 | 148.5 | S1 | 148.44 | S1 | 148.89 |
| S2 | 147.82 | S2 | 148.24 | S2 | 147.83 | S2 | 148.79 |
| S3 | 147.29 | S3 | 147.82 | S3 | 148.68 | ||
| Open | 148.39 | Open | 148.39 | Open | 148.39 | Open | 148.39 |
| High | 149.45 | High | 149.45 | High | 149.45 | High | 149.45 |
| Low | 148.34 | Low | 148.34 | Low | 148.34 | Low | 148.34 |
| Close | 148.99 | Close | 148.99 | Close | 148.99 | Close | 148.99 |
GBP/JPY Correlations with other currency majors
GBP/JPY with EUR/JPY -correlation analysis
GBP/JPY with USD/JPY -correlation analysis
GBP/JPY with GBP/USD -correlation analysis
GBP/JPY with AUD/JPY -correlation analysis
Please check the current GBP/JPY Exchange Rate
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