GBPJPY Neutral

Analysis Price: 197.29 (Updated: 2 July 2025, 05:44 UTC)

Comprehensive analysis for GBPJPY showing neutral market bias. Market structure, technical patterns, and key levels examined across multiple timeframes.

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Signal Overview

Neutral Low Confidence High Risk

Market Consensus:

47% Long

53% Short

Valid Timeframes:

M15 H1 H4 D1

Signal Analysis:

The analysis indicates a neutral outlook for GBPJPY. Supporting factors include: High probability (95%) resistance zone detected at 200. Contradicting factors: GBP is showing relative strength against JPY (diff: 25%); Retail sentiment is 61% bearish. Risk assessment for this trade is high.

Sentiment Analysis

LONG SHORT

39% 61%

Historical Sentiment (7 Days)

Sentiment Interpretation

Bearish sentiment with 61% of traders holding short positions. The market has a negative bias, but watch for signs of exhaustion if this percentage increases further.

Support & Resistance Analysis

Resistance Levels

R1: 198.81 0.77% ↑

Analysis Price: 197.29

Support Levels

S1: 196.19 0.56% ↓

Market Regime:

Range

Analyst Bias:

Unknown

Direction Probability:

55%

Price Position Analysis

Price is between support at 196.19 (0.56% below analysis price) and resistance at 198.81 (0.77% above), with slightly closer proximity to support. Watch for bounce confirmation at support or break below.

Chart Pattern Analysis

No chart patterns detected for GBPJPY at this time.

High Probability Zones

Resistance Zone

95%

Zone Level:

200.00

analysis price:

197.29

Distance:

1.37%

Confluence Factors:

Shooting Star 78.6% Extension

Valid on Timeframes:

H1 H4 D1 W1

Resistance Zone

95%

Zone Level:

199.00

analysis price:

197.29

Distance:

0.87%

Confluence Factors:

Double Top 50% Retracement Volume Spike

Valid on Timeframes:

H1 H4 D1 W1

Support Zone

95%

Zone Level:

196.00

analysis price:

197.29

Distance:

0.66%

Confluence Factors:

Double Bottom 127.2% Extension Volume Spike

Valid on Timeframes:

H1 H4 D1 W1

High Probability Zones Interpretation

Price is approaching a high probability (95%) resistance zone at 200.00, currently 1.37% away. Consider preparing a sell strategy as price approaches this level, watching for confirmation signals.

Multiple high probability zones exist for this pair, indicating a well-structured technical environment with clear levels for trading decisions.

Volatility Analysis

Select Timeframe:

Daily Range (pips):

0.6

Volatility Regime:

Normal

Volatility Level:

48%

10-Day ATR Trend

Volatility Interpretation (H1)

GBPJPY is showing normal volatility (48 percentile) with an expected daily range of 0.6 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

AUDJPY

0.90

USDJPY

0.88

GBPCAD

0.82

GBPNZD

0.78

GBPAUD

0.71

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: AUDJPY, USDJPY, GBPCAD, GBPNZD, GBPAUD. 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

-0.81

Very-weak

JPY

-0.70

Weak

Relative Strength:

-0.11

Neutral Bias

Currency Strength Interpretation (M15)

GBP and JPY show similar strength levels on the M15 timeframe, with a relative strength of -0.11. This indicates a neutral bias for GBPJPY and suggests range-bound trading conditions may be more likely.

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.