- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- GBP/JPY Price Analysis: Uptrend fades as a dragonfly doji surfaces in the daily chart
GBP/JPY Price Analysis: Uptrend fades as a dragonfly doji surfaces in the daily chart
- GBP/JPY failed to break strong resistance at the confluence of technical indicators.
- A bearish scenario lies below 164.00, exposing crucial moving averages.
- On the upside, the GBP/JPY can test the YTD high at 166.00.
GBP/JPY barely advanced as the Asian session began after Monday’s rally challenged resistance but failed to capitalize on an upbeat sentiment. At the time of writing, the GBP/JPY exchanges hand at 164.32, consolidating within a 180-pip range.
GBP/JPY Price action
In the last few days, the GBP/JPY price action printed back-to-back candles that portray the uptrend are fading. Last Friday’s, an inverted hammer, followed by a dragonfly doji, depicts indecision amongst the GBP/JPY traders. Additionally, a four-month-old resistance trendline that passes around the 164.30-50 area capped any upward moves, suggesting that a pullback could be underway.
Oscillators like the Relative Strength Index (RSI) at bullish territory turned flat as buying pressure faded. The Rate of Change (RoC), turned neutral, opening the door for a retracement.
Should a bearish scenario arise, the GBP/JPY could pivot toward the 20-day Exponential Moving Average (EMA) at 162.53 before challenging the 100-day EMA At 162.20. A breach of the latter will expose the 50-day EMA at 162.03 before testing the 200-day EMA at 161.98.
For a bullish resumption, the GBP/JPY must crack 164.50, which, once cleared, and the pair would be heading to test two-month highs at 166.00. On further strength, the next upside target to keep in mind would be the December 13 daily high at 169.27.
GBP/JPY Daily chart
GBP/JPY Technical level
© 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
