GBP/JPY Daily and Hourly Charts
GBP/JPY Hourly Chart
GBP/JPY Daily Chart
British Pound - Yen Exchange Rate: 136.69 (at the time of analysis update).
GBPJPY Outlook: Short-term: Volatile sideways/Down. Near-term: Volatile sideways/Down.
GBP/JPY Analysis (December 21, 2012): We expect some more downward consolidation but there is no good trade configuration considering the risk-reward ratio and hence we are not taking any position.
Previous Analysis (December 20, 2012): A buy position at 136.75 with a stop-loss at 136.50 (-25 pips) and take-profit target first at 137.05 (+30 pips) and then 137.50 (+75 pips).
Note: Please also take a look at GBP JPY outlook for mid-term trading approach/outlook updated on the weekends for GBP/JPY.
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|GBP/JPY Interest Rate Comparison|
(For Carry Trade)
GBP/JPY : Resistance and Support with Daily Pivot Points (Values at GMT 00:00)
Last Updated (Friday, 21 December 2012 04:20) GMT
|Standard Pivot Point for GBP/JPY||Fibonacci Pivot Point for GBP/JPY||Woodie Pivot Point for GBP/JPY||Camarilla Pivot Point for GBP/JPY|
GBP/JPY - Correlations with other currency majors
GBP/JPY with EUR/USD -correlation analysis
GBP/JPY with EUR/JPY -correlation analysis
GBP/JPY with USD/JPY -correlation analysis
GBP/JPY with GBP/USD -correlation analysis
GBP/JPY with AUD/JPY -correlation analysis
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