- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- GBP/JPY Price Analysis: Bears cheer BOJ’s readiness to act, 200-DMA in focus
GBP/JPY Price Analysis: Bears cheer BOJ’s readiness to act, 200-DMA in focus
- GBP/JPY plummets to two-month low on BOJ’s inaction.
- Downside break of the key support line, 100-DMA joins bearish MACD signals to favor sellers.
- Daily closing below 200-DMA appears necessary to defend sellers.
- 50-DMA guards recovery moves, October’s low acts as additional downside filter.
GBP/JPY takes offers to test the lowest levels since October 12 after the Bank of Japan (BOJ) teased Yen buyers by showing readiness to act on Yield Curve Control (YCC) if needed. That said, the cross-currency pair slumped nearly 400+ pips following the announcements, down 2.0% near 163.00 by the press time of early Tuesday.
In doing so, the quote not only broke the 100-DMA but also smashed the previous key support line from November 11. It should be noted that the pair currently trades beneath the 200-DMA but needs a daily closing below the same to keep sellers on the table.
Given the bearish MACD signals and the fundamental moves, GBP/JPY is likely to stay below the 200-DMA support near 163.70, which in turn could help the bears to aim for October’s low near 159.75. However, the 160.00 round figure may act as an intermediate halt.
In a case where the GBP/JPY bears dominate past 159.75, the 61.8% Fibonacci retracement level of the pair's September-October recovery, near 157.70, will be in focus.
Meanwhile, a daily closing beyond the 200-DMA level of 163.70 could aim for the 100-DMA and support-turned-resistance line, respectively around 164.70 and 165.00.
Following that, the 50-DMA hurdle near 167.20 will act as the last defense for the bears.
GBP/JPY: Daily chart
Trend: Further downside expected
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
