pepy Posted November 29, 2016 Share Posted November 29, 2016 GBPJPY on H1 chart show the price still pressured by seller and failed to break middle band instead closed below which indicated for further bearish sentiment, this sentiment supported by RSI and Stochastic which fall to 38 and 59 respectively, but MACD seems formed lower high on the green zone. Based on the current condition this pair expected to fall towards 138.25 Quote Link to comment Share on other sites More sharing options...
pepy Posted December 1, 2016 Share Posted December 1, 2016 On H1 chart it seems that today the price is still moving above EMA8 and EMA72 also today's pivot is below the current price. RSI and Stocahstic both rise to level 69 and 30, not just that MACD formed higher high formation. So i think based on the current condition of GBPJPY it will rise towards the resistance at 144.00 Quote Link to comment Share on other sites More sharing options...
pepy Posted December 12, 2016 Share Posted December 12, 2016 Just like CADJPY, GBPJPY has its own gap push the price to the higher place, even correction is happening but it seems the price will fail to break EMA100 since that is too strong. RSI(14) observed to rise to level 56 but Stochastic(5,3,3) fall down to level 34. MACD formed lower high but still on the green zone. My prediction is bullish and may test resistance at 145.55 Quote Link to comment Share on other sites More sharing options...
pepy Posted December 19, 2016 Share Posted December 19, 2016 It seems that according to 4 hour time frame chart GBPJPY is still moving inside the bearish channel, GBPJPY able to fall below the pivot at 146.64 and closed down below, further movement is predicted to occur. Price has the potential to go down to the level of 145.88 or deeper, considering RSI, Stochastic, MACD, and Parabolic SAR which are bearish too. Quote Link to comment Share on other sites More sharing options...
pepy Posted January 5, 2017 Share Posted January 5, 2017 A sharp movement this morning is clearly to be seen. Based on H1 chart, GBPJPY break the pivot line at 114.36 during early session. This movement also supported by RSI and Stochastic also Parabolic SAR which all give a bearish signal. The bearish channel still gives GJ to continue its bearish sentiment, so the price may still able to fall at 143.09 Quote Link to comment Share on other sites More sharing options...
pepy Posted January 14, 2017 Share Posted January 14, 2017 GBPJPY on H1 chart successfully rise to above pivot line at 139.78 without much problem. But the movement today is exactly in the bearish channel so the price won't be so strong and only up to the resistance level at 140.66. Other indicators such as RSI which fall to level 65 and Stochastic which fall to level 67 is the prove that overall it may fall to the pivot once again as the correction. Quote Link to comment Share on other sites More sharing options...
pepy Posted February 13, 2017 Share Posted February 13, 2017 GBPJPY in this session has a chance to rebound after touched the support at 142.00. If the price able to reach that support once again there's big potential to rebound once more. At this moment RSI and Stochastic are bullish, but MACD is a bit bearish which indicated a zig zag movement for few hours later especially with other fundamental data. Quote Link to comment Share on other sites More sharing options...
pepy Posted February 15, 2017 Share Posted February 15, 2017 GBPJPY on H1 chart formed a bearish engulfing pattern which successfully break the lower band, RSI and Stochastic observed both fall down to level 49 and level 25 respectively , while MACD formed lower low position. Only Parabolic SAR which still under test. If able to break it will fall deeper up to 141.20 which is the next support. Quote Link to comment Share on other sites More sharing options...
pepy Posted February 22, 2017 Share Posted February 22, 2017 GBJPY finally fall after rejected by resistance level at 142.00 and break the support level at 141.60. Right now the price is moving significantly enough and right now is testing the support level at around 140.80. If the price able to break that support, then GBPJPY in this chart may fall down lower but if hold down by another sentiment, will rebound. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 22, 2017 Share Posted June 22, 2017 Pivot and EMA100 got a breakout and it is a strong indication for next bullish sentiment, on H1 chart gbpjpy also formed a long bullish candle which support the bullish, RSI and Stochastic as leading indicators rise towards higher level, while MACD showing bearish sentiment, so overall based on my analysis this pair expected to be bullish. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 23, 2017 Share Posted June 23, 2017 on H1 chart, GBPJPY strong resistance at its best and formed shooting star + a rejection by 3rd resistance made this pair fall down right now is seeking to break 2nd resistance. Overbought before indicated by Stochastic and RSI, while MACD seems a bit flat. GBPJPY has chance to break that 2nd resistance at this moment and closed down below. Quote Link to comment Share on other sites More sharing options...
pepy Posted October 16, 2017 Share Posted October 16, 2017 Today GBPJPY seems weakening with trying to break the support line, but this is quite strong(the line) which caused GBPJPY rebound back to around near pivot level. Stochastic and RSI still both show bearish signal with fall towards level 67 and 50 respectively. Based on that i think GBPJPY may failed and will to break 148.00 Quote Link to comment Share on other sites More sharing options...
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