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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
British Pound/Japanese Yen (FOREX:GBPJPY)
Sidelines Mode (+55) - GBPJPY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPJPY
The long-term trend has been UP since Dec 25th, 2024 at 199.8065
The intermediate-term trend has been DOWN since Jan 9th, 2025 at 193.6575
The short-term trend has been UP since Jan 20th, 2025 at 190.9335
Smart Scan Analysis for GBPJPY
Based on our trend formula, GBPJPY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 190.4310 | 191.6585 | 190.1385 | 191.5555 | +1.1245 |
| Prev. Close | Volume | Bid | Ask | Time |
| 190.4310 | 2025-01-20 09:53:04 |