- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- GBP/JPY Price Analysis: Uphill battle for bulls as 161.30 acts as immediate resistance
GBP/JPY Price Analysis: Uphill battle for bulls as 161.30 acts as immediate resistance
- GBP/JPY prints three-day uptrend as buyers keep the reins around one-week top.
- Convergence of 21-day EMA, fortnight-old descending trend line challenges short-term bulls.
- 200-day EMA appears crucial for determining further upside, MACD flashes strongest bullish signals in two months.
GBP/JPY picks up bids to renew intraday high near 160.90 during early Tuesday. In doing so, the cross-currency pair rises for the third consecutive day while reversing the previous day’s pullback from a one-week high.
The quote’s latest run-up could be linked to the strongest bullish MACD signals in nearly two months, as well as a successful rebound from horizontal support comprising multiple lows marked since late September.
Given the GBP/JPY pair’s ability to cross the 50% Fibonacci retracement level of September-October upside, the buyers are well set to battle with the 161.30 resistance confluence encompassing a two-week-old descending trend line and the 21-day Exponential Moving Average (EMA).
However, the pair’s further upside hinges on its ability to cross the 200-day EMA level of 162.55.
Also acting as an upside filter is the November 2022 low near 163.00, a break of which could direct GBP/JPY buyers toward the previous monthly high surrounding 169.30.
Alternatively, 50% and 61.8% Fibonacci retracement levels, respectively near 160.45 and 157.70, restrict short-term GBP/JPY downside.
Following that, the aforementioned horizontal support near 155.50 will be crucial for the bears to watch.
GBP/JPY: Daily chart
Trend: Further upside 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
