- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- GBP/JPY Price Analysis: Doji emerges, threatening to send prices tumbling below 161.00
GBP/JPY Price Analysis: Doji emerges, threatening to send prices tumbling below 161.00
- The GBP/JPY three-day rally stalled around the 20-DMA and the 161.00 mark.
- Oscillators suggest the GBP/JPY might continue its downtrend, but a decisive break above 161.00 could set the pair to challenge the 200-DMA.
On Tuesday, the GBP/JPY registered solid gains, but the rally stalled around the 20-day Exponential Moving Average (EMA) at 161.08, as sellers leaning into it stepped in, dragging the GBP/JPY lower. Nevertheless, as Wednesday’s Asian session begins, the GBP/JPY is almost unchanged at around 161.02.
GBP/JPY Price Analysis: Technical outlook
From a daily chart perspective, the GBP/JPY is neutral-to-downward biased. In the last two days, the GBP/JPY has been unable to crack the confluence of two technical indicators: the 20-day EMA and a five-month-old upslope support trendline, which turned resistance around the 161.00 mark. If the GBP/JPY pierces that latter, that would be the first step for higher prices, but its next hurdle would be the January 9 daily high of 161.24. A breach of the latter will clear the space towards the 200-day EMA at 162.50, followed by the 163.00 mark.
If that scenario is to play out, oscillators like the Relative Strength Index (RSI) would need to shift bullish, as it remains in bearish territory, while the Rate of Change (RoC) needs to show that selling pressure is waning. Otherwise, the GBP/JPY downtrend would resume.
Hence, the GBP/JPY first support would be the January 10 swing low of 160.04, followed by essential support levels like this week’s low of 159.30, ahead of 159.00.
GBP/JPY Key Technical Levels
© 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
