GBPJPY Bullish

Analysis Price: 199.59 (Updated: 17 August 2025, 12:47 UTC)

Comprehensive analysis for GBPJPY showing a predominantly bullish bias with 73% bullish consensus based on combined analytical factors. Raw trader sentiment shows 41% long, 59% short. Market structure, technical patterns, and key levels examined across multiple timeframes.

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Signal Overview

Bullish Medium Confidence Low Risk

Market Consensus:

73% Long

27% Short

Valid Timeframes:

M15 H1 H4 D1

Signal Analysis:

The analysis indicates a medium confidence bullish bias for GBPJPY (signal strength: 45%). Supporting factors include: Technical patterns identified: Bullish Engulfing (H4). Contradicting factors: Retail sentiment is 59% bearish. Risk assessment for this trade is low. This signal is most valid on the M15, H1, H4, D1 timeframes.

Sentiment Analysis

Note: The sentiment chart below shows actual trader positioning data (41% long / 59% short). The overall bullish bias (73%) mentioned in the page header represents our analytical consensus based on combined technical factors beyond raw sentiment.

LONG SHORT

41% 59%

Historical Sentiment (7 Days)

Sentiment Interpretation

Neutral sentiment with a balanced distribution between long and short positions. This suggests indecision in the market, which could precede a significant move once a clear direction emerges.

Support & Resistance Analysis

Resistance Levels

R1: 200.02 0.22% ↑

Analysis Price: 199.59

Support Levels

S1: 198.92 0.34% ↓

Market Regime:

Range

Analyst Bias:

Unknown

Direction Probability:

50%

Price Position Analysis

Price is between support at 198.92 (0.34% below analysis price) and resistance at 200.02 (0.22% above), with slightly closer proximity to resistance. Watch for rejection confirmation at resistance or break above.

Chart Pattern Analysis

95%

Inverse Head and Shoulders

Reliability:

95%

Detected: Aug 16, 17:53

50%

Symmetric Triangle

Reliability:

50%

Detected: Aug 17, 09:38

Pattern Analysis Interpretation

Mixed pattern signals detected, suggesting conflicting technical factors. The most reliable pattern is a bullish Inverse Head and Shoulders on the H1 timeframe with 95% historical reliability. Multiple timeframes showing pattern confirmation increases the reliability of the signal.

High Probability Zones

Resistance Zone

80%

Zone Level:

206.97

analysis price:

199.59

Distance:

3.70%

Confluence Factors:

Double Top 127% Extension

Valid on Timeframes:

H1 H4 D1 W1

High Probability Zones Interpretation

A high probability (80%) resistance zone exists at 206.97, currently 3.70% away from price. Keep this level on watch for potential future selling opportunities if price moves higher.

Volatility Analysis

Select Timeframe:

Daily Range (pips):

0.5

Volatility Regime:

Normal

Volatility Level:

41%

10-Day ATR Trend

Volatility Interpretation (H1)

GBPJPY is showing normal volatility (41 percentile) with an expected daily range of 0.5 pips. This represents average market conditions conducive to standard trading strategies. Standard position sizing and stop loss parameters are appropriate.

Correlation Analysis

Top Correlations with GBPJPY

GBPAUD

0.90

GBPCAD

0.76

GBPUSD

0.75

NZDJPY

0.67

CHFJPY

0.63

Correlation Interpretation

Understanding how GBPJPY correlates with other pairs can help with portfolio diversification and risk management. Strong positive correlations (above 0.7) indicate pairs that move similarly, while strong negative correlations (below -0.7) show pairs that typically move in opposite directions.

GBPJPY shows strong positive correlation with: GBPAUD, GBPCAD, GBPUSD. This means these pairs tend to move in the same direction. Trading in the same direction on multiple correlated pairs increases portfolio risk, while finding divergences between correlated pairs can highlight potential reversal opportunities.

Currency Strength Analysis

Select Timeframe:

GBP

-0.43

Weak

JPY

-0.08

Neutral

Relative Strength:

-0.35

Bearish Bias

Currency Strength Interpretation (M15)

JPY is moderately stronger than GBP on the M15 timeframe, with a relative strength of -0.35. This suggests a mild bearish bias for GBPJPY. Monitor for additional confirmation signals before entering a short position.

How to Use This Analysis

This comprehensive analysis provides multiple perspectives on GBPJPY to help inform your trading decisions:

Sentiment Analysis: Use to understand market positioning and potential contrarian opportunities
Support & Resistance: Identify key price levels for setting stop losses and take profits
Pattern Analysis: Recognize technical formations that may indicate continuation or reversal
Volatility Analysis: Adjust position sizing and risk management based on current market conditions
Currency Strength: Compare the relative performance of individual currencies within the pair
Correlation Analysis: Understand how this pair moves in relation to others for portfolio diversification

For optimal results, consider how these different factors align. The strongest trading opportunities typically occur when multiple analytical tools show confirmation across different timeframes.