Gbp-jpy

GBP/JPY currency pair ne Monday ke early European trading mein kamzori dikhayi, jab yeh 188.70 ke qareeb trade kar raha tha. Is girawat ka bais aslan Japanese yen ki taaqat thi, jo ke Bank of Japan (BoJ) ki dovish policy aur mazboot Japanese Q2 GDP data ki wajah se hui. GDP figures jo expectations se behtar aaye, unhon ne BoJ se mazeed interest rate hikes ki umeed ko barhawa diya, jis ne yen ki appeal ko mazid mazboot banaya. Doosri taraf, British pound (GBP) ko UK ke retail sales data se support mili, jis ne Bank of England ke doosri martaba lagataar interest rate cut ke bet ko thanda kar diya. Magar UBS ke analysts apni November mein 25 basis points rate cut ki forecast par qayam hain aur 2025 mein mazeed cuts ke baare mein bhi keh rahe hain. Haliya dino mein, GBP/JPY pair ne recovery ke asaar dikhaye hain, aur 5 August ke lows se lagbhag 4% rebound kiya hai. Yeh rebound kisi hadd tak Bank of England ke interest rate cut ke baad market ke stabilize hone aur low liquidity conditions ke natijay mein price movements ko amplify karne ki wajah se hua hai Technical indicators yeh dikhate hain ke GBP/JPY ki downtrend mein kami aasakti hai. Average Directional Movement Index (ADX) sideways move kar raha hai, jab ke Relative Strength Index (RSI) apne midpoint ki taraf barh raha hai. Iske ilawa, Stochastic indicator ne apni moving average ke upar break kiya hai aur oversold zone se bahar nikal aaya hai, jo ke pair mein moderate uptrend ko support kar raha hai. Ab market participants upcoming economic data, jese ke S&P Global/CIPS UK Manufacturing Purchasing Managers' Index (PMI) aur Japan ka national CPI, par tawajjo de rahe hain, taake dono mulkon ki economic health aur unka GBP/JPY exchange rate par possible asar dekha ja sake
Kul mila kar, GBP/JPY pair ke haliya performance ko kai factors ne asar andaz kiya hai, jin mein BoJ ki monetary policy stance, Japanese economic growth, aur UK ki economic resilience shamil hain. Jese jese market conditions evolve hoti hain, traders economic indicators aur central bank policies ko gahri nazar se dekh rahe honge taake currency pair ki future direction ko samajh sakein

Aaj GBPJPY currency pair ka movement dekhne mein lagta hai ke yeh future mein 192.00 ki price tak barh sakti hai. Yeh izafa Japanese industries ki production mein is mahine -1.3% ki kami ki khabar ke baad yen ki exchange rate mein kamzori se hua, jis ki wajah se GBPJPY currency ka movement aaj achanak kaafi tezi se barh kar 191.80 tak pohanch gaya. Lekin, is dopahar GBPJPY ka movement neeche ki taraf correct hone ki koshish kar raha hai, kyun ke pound sterling ki exchange rate achanak kamzor ho gayi hai jab se UK ke retail sales data mein 0.5% ki girawat samne aayi hai, jo GBPJPY currency pair ke movement ko aaj 191.500 ki price tak neeche gira sakti hai. Mere fundamental analysis ke mutabiq, aaj dopahar ke movement ke liye maine faisla kiya hai ke GBPJPY ko 191.500 ki price tak SELL karoon.

Dosri taraf, mere technical analysis ke mutabiq, lagta hai ke GBPJPY currency pair ka movement aaj dopahar mein 191.500 ki price tak neeche correct ho sakta hai. Yeh is liye ke H1 time frame mein GBPJPY ka movement bearish candle engulfing banane ki koshish kar raha hai, jo ke GBPJPY ko 191.500 ki price tak SELL karne ke liye kaafi strong signal hai. Is ke ilawa, mere observation ke mutabiq RSI 14 indicator ya relative strength index 14 mein, GBPJPY ki price 191.80 par overbought declare ho chuki hai yaani ke is mein buying kaafi ziada ho chuki hai, is liye aaj GBPJPY 10-40 pips ke darmiyan neeche ki taraf correct hone ke imkaanaat hain. Yeh SELL GBPJPY signal SNR aur Fibonacci methods se bhi support hota hai, kyun ke jab GBPJPY ki price 191.70 par enter karti hai, to yeh SBR area ya Support Become Resistance mein hoti hai, is liye yeh bohot ziada imkaan hai ke aaj SELLERS GBPJPY pair mein enter karein. Mere technical analysis ke natayij ke mutabiq, aaj dopahar ke movement ke liye maine faisla kiya hai ke GBPJPY ko 191.50 ki price tak SELL karoon.

GBP/JPY Pair Analysis
GBP/JPY pair pichle do hafton se mazboot downward correction path par hai, hamari free live trading recommendations ke mutabiq. Humne pehle is pair ko bechne ki salah di thi jab yeh 207.00 ka level tod gaya, aur iski record gains ne resistance level ko 208.11 tak barha diya. Lagatar bechne se yeh pair 195.86 ke support level ki taraf gir gaya hai, jo ke do mahine se zyada ka sabse neecha point hai.

British pound aam tor par resilient raha hai, lekin GBP/EUR pair zyada vulnerable ho sakta hai agar stocks aur girti rahein, khaaskar jab Bank of England ke rate cut ke speculation barh rahe hain.




Bank of England ke hawale se, zyada tar investment banks expect karte hain ke central bank is hafte ke policy meeting mein interest rates cut karega, magar financial markets iske chance ko 50% se kam samajh rahe hain. Isliye, agar markets ko lagta hai ke Bank of England is hafte action lega, to GBP bechne ke liye vulnerable ho sakta hai. Lekin, yeh bhi khauf hai ke global speculators ne British currency mein investments barha di hain, jo agar hot money wapas aati hai to sharp correction ka risk barh sakta hai. Latest CFTC data ke mutabiq, non-commercial long positions record high par hain.

Market prices ne yeh dikhaya ke investors ne expectations ko 50% se niche kar diya hai, kyunki inflation figures ne dikhaya ke UK services inflation ab bhi Bank of England ke forecast se zyada hai. Iske jawab mein, Sterling aur government bond yields bhi barh gayi hain. Oxford Economics ka kehna hai ke banks press conferences aur monetary policy reports ka istemal karenge taake next September mein interest rate cut ke liye prepare ho sakein.

Daily chart ke mutabiq, GBP/JPY price trend bearish ho gaya hai. Agar 195.00 ka support break hota hai, to bears ka control trend par mazid barh jayega aur yeh decline 191.20 ki taraf ho sakti hai. Dusri taraf, agar psychological resistance 200.00 ke upar stability rehti hai, to bulls ke liye control wapas paana important hoga. Dono trends market aur investors ke Bank of Japan aur Bank of England ke announcements par react karne par depend karenge.

Do din se British pound aur Japanese yen (GBP/JPY) ki currency pair ne upar ki taraf rebound karne ki koshish ki hai, lekin iski gains 199.13 level ko nahi paar kar saki aur is waqt yeh 197.20 level ke aas-paas stable hai, jo ke do mahine se zyada ka sabse neecha level hai. Yeh currency pair tab tak narrow ranges mein rahegi jab tak markets aur investors Bank of England aur Bank of Japan ke announcements ka react nahi karte is haftay.
Japan mein, 10-year government bond ki yield Bank of Japan ke meeting se pehle gir gayi hai. Electronic trading platforms ke mutabiq, 10-year Japanese government bond ki yield lagbhag 1.01% tak gir gayi hai, jo ek hafte se zyada ka sabse low level hai, kyunki investors Bank of Japan ke is haftay ke latest policy decision ke liye prepare kar rahe hain. Financial markets ka bet hai ke central bank Wednesday ko 10 basis points se interest rates barhakar 0.1% karega, aur yeh widely expected hai ke quantitative easing ke plans bhi outline kiye jayenge. Lekin, analysts ka kehna hai agar Bank of Japan is mahine interest rates nahi barhata, to woh shayad bond purchases ko kam karne ka zyada aggressive plan announce karega.

Financial markets divided hain ke Bank of England Thursday ko pandemic ke baad pehla rate cut announce karega ya nahi, current 5.25 percent se kam karte hue. Jabke UK inflation double digits se girkar central bank ke 2 percent target par aa gaya hai, unemployment barh gaya hai, services sector mein price growth ab bhi high hai aur economy mini-recession se recover kar chuki hai. April mein minimum wage mein 10 percent izafa aur naye Labour government ka plan jo minimum wage ko inflation se zyada barhane ka hai, 5 million public sector workers ke liye, yeh prices par upward risks create karta hai.




Chahe jo bhi outcome ho, yeh decision bonds aur sterling par impact dalega. Friday ko swaps 50 percent ke rate cut ki pricing kar rahe the is haftay, aur aise moves ko is saal ke liye near-certainty ke roop mein dekha ja raha hai.

Agar rate cut hota hai to yeh UK government bonds ko boost karega, jo pehle hi monetary easing aur Labour ki landslide election victory ke baad political stability ki expectations se support mein hain. Do-year UK government bonds ki yield ab ek saal se zyada ka sabse low level par hai. Sterling ke liye, rate cut helpful nahi hai kyunki yeh carry trade mein iski appeal ko kam kar dega. Sterling is saal G10 mein best performer raha hai, aur banks aur major investors, including JPMorgan Chase & Co aur Amundi, further gains ki expect kar rahe hain, jo $1.35 tak ja sakti hai, current levels se lagbhag 5 percent ka izafa. Bullish bets ab tak ke highest level par hain.

GBP/JPY currency pair filhal apni doosri musalsal daily candle bana rahi hai, jis se Guppy traders ek holding pattern mein hain jab woh Bank of Japan (BoJ) aur Bank of England (BoE) ke crucial decisions ka intezar kar rahe hain. Is haftay GBP/JPY pair ke direction ke liye pivotal waqt hai, kyunki dono central banks apni monetary policy decisions announce karne wale hain. Market expectations ke mutabiq, BoE is haftay ke end mein quarter-point interest rate hike kar sakta hai. Lekin, uncertainty abhi bhi barqarar hai, kyunki Monetary Policy Committee (MPC) ne pehle 7-2 se rates ko maintain karne ka vote diya tha. Iske muqablay, BoJ ka expectation hai ke woh apni ultra-loose monetary policy stance ko barqarar rakhega. Central bank 2% ke sustainable inflation rate ko achieve karne ke liye committed hai, jo ke recent upward trends ke bawajood abhi tak elusive raha hai. Market ko complex banate hue BoJ ke potential intervention ke speculation bhi chal rahi hai taake weakened yen ko support kiya ja sake. Yen ne recent weeks mein sharp appreciation dekhi hai, jis se Japanese policymakers ke beech concerns barh gaye hain. Agar BoJ direct FX market intervention ka official confirmation deta hai, to iska GBP/JPY pair par significant impact ho sakta hai.



Technically, Guppy Multiple Moving Average indicator abhi bhi bullish territory mein hai, 200-day EMA ke upar trading kar raha hai. Lekin, pair 208.11 ke 16-year high se retreat kar gaya hai, aur 50-day EMA ke aas-paas resistance ka saamna kar raha hai. Agar is level ke upar decisive break hota hai, to yeh renewed bullish momentum ko signal karega, jabke 200-day EMA ke neeche sustained move potential trend reversal ko indicate kar sakta hai. Jaise jaise hafta aage barhega, traders dono central banks ke policy decisions aur future monetary paths ke hints ko closely monitor karenge. Interest rate differentials, inflation dynamics, aur BoJ ke potential intervention ka interplay akhirkar GBP/JPY pair ke direction ko determine karega.

GBP/JPY Price Analysis: Gains May Remain Limited

GBP/JPY exchange rate ne do din se recovery ki koshish ki hai, lekin gains 199.13 mark ko todne mein nakam rahe hain aur is waqt yeh 197.20 par close ho raha hai, jo ke lagbhag do mahine se zyada ka sabse neecha level hai. Yeh pair narrow range mein rahega jab tak market aur investors Bank of England aur Bank of Japan ke statements ka react nahi karte is haftay.

Japan mein, 10-year government bonds ki yield Bank of Japan ke meeting se pehle gir gayi hai. Electronic trading platforms ke mutabiq, 10-year Japanese government bond ki yield lagbhag 1.01% tak gir gayi hai, jo ek haftay se zyada ka sabse low level hai, kyunki investors Bank of Japan ke latest policy decision ke liye prepare kar rahe hain. Financial markets ka bet hai ke central bank Wednesday ko interest rates 10 basis points se barha kar 0.1% karega aur yeh bhi expect kiya ja raha hai ke central bank apne quantitative tightening plan ko outline karega.




Financial markets divided hain ke Bank of England Thursday ko pandemic ke baad pehli baar rate cut implement karega ya nahi, current base rate 5.25% se kam karte hue. UK inflation pichle saal double digits se girkar central bank ke 2% target par aa gayi hai, magar unemployment barh gaya hai aur service price growth high hai, jabke economy ek choti si recession se recover kar rahi hai. Labour government ne minimum wage ko April mein 10% barhane ke baad naye plans propose kiye hain, aur 5 million public sector workers ke liye inflation se upar pay rises provide kiye jayenge, jo prices ke escalate hone ka risk create karte hain.

Lower interest rates pound ke liye achi nahi hain kyunki yeh carry trade mein iski appeal ko kam kar deti hai. Pound is saal Group of 10 major economies ke currencies mein best performer raha hai, aur banks aur major investors jaise JPMorgan Chase & Co aur Amundi expect karte hain ke yeh aur barhega aur $1.35 tak pahunch sakta hai, jo current levels se lagbhag 5% ka izafa hai. Optimistic bets ab tak ke highest level par hain.

GBP/JPY ANALYSIS JULY 30, 2024



GBP/JPY pair ka price movement filhal EMA 50 ke aas-paas consolidate kar raha hai aur yeh 199.01 ya 199.00 ke resistance ke qareeb hai. Yeh is baat ki achi probability dikhata hai ke price resistance ko test kar sakti hai, jisse upward correction SMA 200 tak pohnch sakti hai. Lekin, yeh bhi mumkin hai ke price decline continue kare aur EMA 50 ke neeche support 195.96 ya 196.00 ko test kare. Agar hum trend ke direction ko dekhein jo abhi bearish hai, to price movement ka tendency upar se zyada neeche ki taraf hai.

Awesome Oscillator (AO) indicator ke nazariye se dekha jaye to yeh kam certain lagta hai, kyunki histogram bar-bar uptrend aur downtrend momentum dikhata hai relatively short time mein. Agar yeh bearish trend ke direction mein adjust hota hai, to histogram consistently level 0 ya negative area ke neeche rah sakta hai. Stochastic indicator ke parameters jo level 50 ke aas-paas cross kar rahe hain aur oversold zone (levels 20-10) nahi pohnch rahe, yeh upward correction ko support karte hain. Mazeed, current parameters overbought zone (90-80) mein nahi hain, iska matlab hai ke price move up karne ke liye abhi bhi space hai, saturation point of buying tak pohnchne se pehle.

**Setup Entry Position:**

Trading plan abhi bhi follow trend strategy par depend karta hai, khaaskar jab trend direction mein near future mein koi badlav hone ka chance kam hai. SELL entry position ko resistance 199.01 ya 199.00 ke aas-paas place kiya ja sakta hai jab price upward correction ke baad reject hoti hai. Confirmation ke liye Stochastic indicator parameters ka 90-80 level ke overbought zone mein cross hona zaroori hai. AO indicator histogram ko level 0 ya negative area ke neeche hona chahiye, jo bearish trend ke direction mein downtrend momentum ko indicate karta hai. Support 195.96 ya level 196.00 ko take profit target ke taur par use kiya jayega aur stop loss SMA 200 ya price range 200.37 ke aas-paas rakha jayega.

GBP/JPY
July 2024 se GBP/JPY currency pair ek bearish market trend ko indicate kar rahi hai, jo ke consistently lower highs aur lower lows form kar rahi hai. Bohat se indicators bhi bearish sentiment ko support karte hain, jaise ke market ka 198.06 par open hona, 196.05 par close hona, aur 199.44 ka high aur 195.03 ka low touch karna. Kal ka trading range takreeban 441 pips tha. Filhal, market daily pivot level 195.42 ke neeche trade kar rahi hai aur agle trading sessions mein support levels (S1 aur S2) ka saamna kar sakti hai. Market ne weekly horizontal level 199.40 ko bhi touch kiya, jahan RSI 14 indicator overbought condition ko signal kar raha hai aur pin bar candlestick pattern bearish rejection dikhata hai, jo bearish momentum ko confirm karta hai. Pair 200-day moving average (MA) ke neeche trade kar rahi hai.

Aaj, pair ke bearish direction mein move karne ki umeed hai. Yeh isliye hai kyunki pair ne bearish flag pattern complete kiya hai aur MA 30 ke neeche move kar rahi hai. Market daily pivot level ke neeche open hui hai. Market ka analysis karne ke baad, aaj aap GBP/JPY pair ko sell karne ka soch sakte hain. Agar price 199.50 level ko break karti hai, to yeh short-term bearish outlook ko invalidate kar dega. Is bearish move ke liye projected target 194.00 hai. Safe trading ke liye, aap apni position ka aadha hissa 194.76 par close kar sakte hain.




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Currency Pair GBP-JPY
Traders abhi un levels ka intezar kar rahe hain jahan yen pairs is upward wave ke baad neeche aane ke chances hain. Magar 4-hour chart par, pair ki price ek naye upward target ko indicate kar rahi hai, jo weekly resistance level 206.64 hai. Is hafte, pair ascending price channels ke andar trade ho rahi hai jo price ko upar support de rahi hai. Jab ye channels ke upper lines tak pahunchtay hain, to price wapas neeche aati hai aur ek peak form karti hai, jo indicate karta hai ke price ko niche correction shuru karni chahiye. Lekin price ne dobara support pa liya aur successfully price channels ko tod diya, jahan sabse nazdeek ka resistance level 206.64 hai. Yahi level hai jahan aap entry le sakte hain aur current level se buy kar sakte hain, target ko is point ke thoda neeche set karte hue.

Economic perspective se, Japan ka Forex currency markets mein intervention delay karna Japanese yen ke losses ko barhata hai. Agar Japan ki intervention kabhi bhi hoti hai, to is currency pair mein strong selling dekhne ko mil sakti hai profit lene ke liye. Risk-free selling strategy is situation mein behtareen rahegi.

Monetary policy ke hawale se, Bank of England shayad August mein interest rates ko cut na kare, Canada aur Australia se inflation warnings ki wajah se. Agar Monetary Policy Committee global inflation trends ke warning signs ko dekhti hai, to Bank of England August mein rates cut nahi kar sakega. Economic calendar ke results ke mutabiq, is hafte Canada aur Australia se figures release hue hain jo indicate karte hain ke global inflation phir se barh sakti hai. Canada mein, May ke mahine mein inflation ghaflati 0.6% barh gayi, jo expected amount se do guna thi. Australia mein, monthly CPI teen consecutive months se 4.0% year-on-year tak barh gaya hai.

Studied chart ke mutabiq, selected asset filhal clear bullish mood mein hai, jo Heiken Ashi candlestick indicator se aasan se pehchana ja sakta hai. Ye indicator traditional Japanese candlesticks ke muqablay mein price quotes ka smoother aur averaged value dikhata hai. Heiken Ashi ka istemal technical analysis ko aasan banata hai aur accurate trading decisions ko behtar karta hai. TMA (Triangular Moving Average) linear channel indicator bhi trading mein madad karta hai, jo current support aur resistance lines ko moving averages ke zariye dikhata hai.



RSI oscillator ka istemal signals ko final filter karne aur trades ke decision-making ke liye hota hai, jo asset ke overbought aur oversold zones ko indicate karta hai. Provided chart mein, Heiken Ashi candlesticks blue hain, jo price movement ke northern direction ko dikhata hai. Market quotes ne linear channel ki lower boundary (red dotted line) ko paar kiya, lekin minimum point se bounce hokar channel ke middle line (yellow dotted line) ki taraf wapas aagayi. RSI (14) indicator bhi buy signal ko confirm karta hai kyunke iska curve upar ki taraf hai aur overbought level se door hai.

In points ke madde nazar, sirf purchases hi relevant lagti hain, isliye hum ek long deal kholenge, aur instrument ko channel ke upper boundary (blue dotted line) tak pahunchnay ka intezar karenge, jo price mark 202.583 par hai.

GBP/JPY Pair Analysis
GBP/JPY pair filhal ek narrow range mein trade kar raha hai, jahan support lagbhag 204.50 ke aas-paas hai. Agar price is level ke nazdeek aati hai bina isko todhe, to ye buying opportunity ka signal de sakta hai. Resistance ki taraf, pair 199.60 ke base aur 201.45 ke peak ke aas-paas constrained hai. Agar price is range ke bahar jati hai, to south move ka higher likelihood hai, jahan bears ka primary target 203.60 round number ko test karna hoga. Is level tak pahunchnay ke baad, hum pair ke aage ke movements ko dobara assess karenge.

Hourly chart par, price ek triangle ke andar thi, jo kal downward exit experience hui. Price ne triangle ke lower border, ek ascending channel, aur ascending trend line ko tod diya, jo continued decline ka potential indicate karta hai. Lekin, pair ab last local maximum ke just neeche consolidate kar raha hai, aur ye consolidation phase agle move ke liye crucial hoga. Is scenario mein, hume upper resistance levels ki taraf move dekhne ko mil sakti hai jo 202.70 se 207.60 ke beech hain. Agar price 204.36 ke neeche convincingly break karti hai, to ye 203.00 ki taraf move ka signal de sakta hai, ek significant breakdown ke baad. Bullish scenario ke liye, stop-loss 202.00 ke neeche hona chahiye, kyunke ye ek critical support area hai.




British data ki release ko closely monitor kiya jayega, aur market August 1 ko Bank of England ke monetary policy meeting ka bhi intezar kar raha hai. Agar data expected se kamzor aata hai aur rate cuts ki umeed phir se badh jati hai, to pound vulnerable ho sakta hai. Economic calendar ke mutabiq, latest PMI business climate data Wednesday ko release hoga, aur market month-on-month basis par thodi improvement ki umeed kar rahi hai, manufacturing aur services expansion range mein hain.

Daily chart ke development ke mutabiq, GBP/JPY pair bearish channel mein hai aur bears ka control trend par tab mazboot hoga jab 200.00 level break ho jayega, khaaskar agar Japan foreign exchange mein intervention continue rakhta hai taake yen ko major currencies ke muqablay mein aur neeche girne se roka ja sake. Main ab bhi kisi bhi bullish level par GBP/JPY ko sell karna prefer karta hoon. Filhal, agle resistance levels 204.20 aur 206.00 hain.

GBP/JPY market Asian session se European session tak flat nazar aayi, Friday ko tay kiya gaya daily open price 197.80 ke ird gird chalti rahi. Kuch neeche jaane ka pressure zaroor tha, magar price ne 197.16 ke nazdeek support level ko todne ki koshish nahi ki. Support ko test karne ke baad, price ne phir se uthane ki koshish ki, aur buyers ne ise daily open se upar le jaakar lagbhag 198.40 ke resistance level tak pohnchaya.
Is dauran, EMA 12 aur EMA 36 jo pehle flat the, ab upar ki taraf crossover karne ki koshish kar rahe hain. Lekin, positive price movement stable nahi raha. Price ne 198.40 ke resistance ko tod diya lekin expected area 199.41 tak nahi pohnchi, 199.11 par ruk gayi. Selling pressure ke bawajood, price ne 197.16 support ko dobara test kiya, phir se upar aayi aur daily open ke ird gird consolidate kar gayi.

Is waqt, EMA 12 aur EMA 36 jo crossover complete nahi kar payi, ab flat ho gayi hain aur narrow ho rahi hain, jo aage ki price movement ke liye space kam kar deti hai. Friday ke actions ke madde nazar, lagta hai price phir se kamzor ho sakti hai, isliye agle hafte ke shuruat mein sell option ko consider kiya ja sakta hai. Magar, daily chart yeh dikhata hai ke market oversold condition mein hai jo aage ki bearish movements ko cancel kar sakti hai.

Friday ke trading ke doran, ek doji candlestick bani, jo buyers aur sellers ke beech indecisive momentum ko signal deti hai. Is doji ka high aur low prices 199.11 aur 196.99 hain. Daily trend perspective se, price ab bhi EMA 200 ke upar hai, jo ke current weakening phase ko ek corrective phase ka hissa dikhata hai, jo EMA 12 aur EMA 36 ke daily time frame par downside crossover se confirm hota hai. Lekin, yeh crossover abhi tak definitive nahi hai, aur hume confirmation ka intezar karna hoga.

Meanwhile, daily Stochastic indicator ye indicate karta hai ke market already oversold condition mein hai kyunki yeh zero level tak pohnch gaya hai aur ab upar ki taraf bend ho raha hai. Agar yeh oversold condition price se ek response ko trigger karti hai aur positive movement dekhne ko milti hai, khaaskar agar price Friday ke high 199.11 ko exceed karti hai, toh yeh 200.60 tak pohnch sakti hai.

Do hafton se British pound aur Japanese yen (GBP/JPY) ke beech price downward correction path par chal rahi hai, jahan losses ne 201.88 ke support level tak pohnch gayi hain, jo ke ek mahine ka sabse low level hai, aur is waqt analysis likhne ke waqt price 203.10 ke ird gird settle ho rahi hai, naye developments ka intezar karte hue. Reliable trading platforms ke mutabiq... pound ne is saal G10 currencies mein apni position ko mazboot kiya hai, aur ING Bank kehti hai ke trade-weighted index ab bhi Brexit referendum ke pehle 2026 ke levels se sirf 3% neeche hai.
UK ke data releases ko closely monitor kiya jayega, aur markets Bank of England ke monetary policy meeting jo 1 August ko hai, uska bhi intezar kar rahi hain. Agar data expectations se kamzor aati hai aur interest rate cut ke expectations phir se barh jaati hain, toh pound vulnerable ho sakta hai. Economic calendar ke mutabiq... latest Purchasing Managers' Index (PMI) business confidence data Wednesday ko release hogi, jahan markets pichle mahine ke muqablay mein thodi si improvement ki umeed kar rahi hain, manufacturing aur services sectors expansion territory mein hain. Is silsile mein, Citigroup ke chief British economist Benjamin Nabarro ne Friday ko weak retail sales data ki taraf ishara kiya aur kaha: “Agar economic recovery ek halki hawa se derail ho sakti hai, toh yeh itni strong nahi thi, jo underlying momentum par shak dalti hai.”

Raat bhar, US President Biden ne November ke presidential elections se withdraw hone ka elan kiya aur Vice President Harris ko Democratic Party ke liye nominate kiya. MUFG ne comment kiya; “Jabke uska withdraw karne ka faisla recent hafton mein increasingly likely nazar aaya hai, isne November elections se pehle American politics mein nayi uncertainty ko janam diya hai,” order mein kaha. Bank ne yeh bhi add kiya; “Overall, recent developments market expectations ko significantly alter karne ki ummeed nahi lagti ke Trump re-election ke liye track par hai, jab tak uska poll lead agle mahine mein kam nahi hota. Hum ek tougher race ko US dollar ke liye kam favorable samjhenge.”




GBP/JPY pair ke liye expected

Daily chart ke performance ke mutabiq, GBP/JPY ab bhi ek downward channel mein chal raha hai, aur agar 200.00 level break hota hai, toh bears ka control trend par mazboot hoga, khaaskar agar Japan Forex currency market mein yen ki exchange rate ko aur girne se rokne ke liye intervention karta rahe. Main ab bhi GBP/JPY ko har upar ki level se bechne ki preference rakhta hoon. Filhal currency pair ke liye sabse nazdeek resistance levels 204.20 aur 206.00 hain.

British Pound (GBP) abhi Japanese Yen (JPY) ke muqablay mein Tuesday ke subah European trading mein challenges ka samna kar raha hai. Yeh girawat do wajah se ho sakti hai: ek toh risk-averse market environment aur doosra, Bank of Japan ke agle hafte interest rates badhane ke speculation. Risk-off sentiment Yen, jo ek safe-haven currency hai, ko boost kar raha hai aur Pound par pressure daal raha hai. Iske ilawa, agar Bank of Japan agle hafte rates badhata hai, toh Yen ko Pound ke muqablay mein aur mazbooti mil sakti hai.
Technical taur par, GBP/JPY pair ab ek key support level 202.20 ke nazdeek hover kar raha hai. Yeh level 4-hour chart par 100-period Exponential Moving Average (EMA) ke saath coincide karta hai, aur is level ke neeche break karne se further weakness ka signal mil sakta hai. Relative Strength Index (RSI) bhi abhi lower-midfield mein 50 ke ird gird hai, jo yeh suggest karta hai ke pair additional losses ke liye vulnerable ho sakta hai. Halankeh recent decline ke bawajood, GBP/JPY ab bhi ek long-term uptrend mein hai jo early 2024 se shuru hua tha. Asal mein, pair ne 11 July ko 16 saal ka high 208.10 reach kiya tha.




Agar current downtrend continue hota hai, toh immediate support 202.00 par mil sakti hai, jo ek psychological level hai. Is level ke neeche decisive break se June ke low 201.14 ki taraf decline ka rasta khul sakta hai. Dusri taraf, agar GBP/JPY kuch support dhoondh kar rebound karta hai, toh 205.77 ke aaspaas buying interest dekhne ko mil sakta hai. Is level ke upar break se 16 saal ke high 208.10 ko dobara test kiya ja sakta hai. Agar is resistance zone ke upar sustained move hota hai, toh further gains ka rasta khul sakta hai, jo April 2008 ke high 209.00 tak pohnch sakta hai.

In conclusion, GBP/JPY ne recently kuch weakness dekhi hai, lekin technical indicators abhi tak decisive negative nahi hue hain. Lekin, agar 50-day Simple Moving Average (SMA) ke neeche break hota hai, toh sellers ko himmat mil sakti hai aur ek sustained correction ho sakti hai. Future direction pair ki overall risk appetite aur Bank of Japan ke agle hafte ke potential actions par depend karegi.

GBP/JPY Forecast: Bearish Trend Jaari Hai
GBP/JPY exchange rate do din se downward correction trend par hai, jo girawat ko ek mahine ke lowest support level 201.88 tak le aayi, aur analysis likhne ke waqt price 203.10 par thi, naye price trend ka intezar karte hue. Reliable Trading Company ke platform ke mutabiq, British pound ne is saal G10 currencies mein apni position ko mazboot kiya hai, aur ING Bank ne point out kiya hai ke trade-weighted index ab bhi Brexit referendum ke pehle 2026 ke level se sirf 3% neeche hai.

Market sentiment ab bhi strong hai, lekin is mahine mein long positions ka rebound currency ko sharp correction ke liye vulnerable bana raha hai. Forex Market Trading ke mutabiq, GBP/USD exchange rate ne 1.2900 par support dhoondha aur shuru mein 1.2935 tak recover kiya.




Overall, British pound mein long positions ka increase ek key topic rahega. Commodity Futures Trading Commission (CFTC) ke latest COT data ke mutabiq, British pound mein non-tradable long positions aur bhi barh gayi hain. Open interest ek hafte mein record high tak pohncha, aur long positions bhi is hafte record high pe 130,000 contracts se zyada tak pohnch gayi hain. Value ke hisaab se, long positions ne $10.77 billion ka record high bhi reach kiya hai.

British data release ka intezar kiya jayega, aur market Bank of England ke monetary policy meeting jo 1 August ko hai, uska bhi intezar kar rahi hai. Agar data expectations se kamzor aati hai aur rate cuts ke expectations phir se barh jaati hain, toh pound vulnerable ho sakta hai. Economic calendar ke mutabiq, latest PMI business climate data Wednesday ko release hogi, jahan market pichle mahine ke muqablay mein thodi si improvement ki umeed kar rahi hai, manufacturing aur services sectors expansion range mein hain.

Daily chart ke mutabiq, GBP/JPY pair bearish channel mein hai aur bears ka control trend par mazboot hoga agar 200.00 level break hota hai, khaaskar agar Japan foreign exchange market mein intervention ko jaari rakhta hai taake yen ko baqi major currencies ke muqablay mein aur girne se roka ja sake. Main ab bhi GBP/JPY ko kisi bhi bullish level se bechne ki preference rakhta hoon. Filhal, agle resistance levels 204.20 aur 206.00 hain.

GBP/JPY Market Outlook

Salam aur Subh Bakhair Sab Ko!

Ham dekh rahe hain ke GBP/JPY market abhi seller ke control mein hai, khaaskar EUR/JPY ke hawale se Friday ko. Yeh 197.75 zone ko successfully cross kar chuka hai. Magar, yeh ek correction process hai jo buyers ko wapas aane ka mauka de sakta hai. Is liye, main GBP/JPY traders ke liye sell position ko prefer karta hoon, kyunki mujhe lagta hai ke market sellers ke favor mein rehne ki umeed hai. Yeh 197.46 zone ko baad mein bhi cross kar sakta hai. Iske sath, hume GBP/JPY se related aane wali news data par nazar rakhni chahiye. GBP/JPY ki recent performance, jo EUR/JPY ko mirror kar rahi hai, market mein strong seller dominance ko indicate karti hai. 197.75 zone ka successful cross hona sellers ke liye ek aham milestone hai, jo bearish sentiment ko reinforce karta hai. Is ke bawajood, current market correction buyers ko kuch ground regain karne ka mauka deti hai. Magar, prevailing sentiment abhi bhi sellers ke favor mein hai, aur market dynamics suggest karti hai ke is waqt sell position zyada faida mand ho sakti hai. GBP/JPY ke seller control mein rehne ki umeed, aur shayad 197.46 zone ko cross karna observed trends aur market behavior ke sath align karta hai. Sellers ne apna influence dikhaya hai, aur ongoing correction phase ek reprieve hone ki bajaye, complete reversal se ziyada hai. Yeh scenario suggest karta hai ke traders ko further declines ke liye prepare rehna chahiye aur bearish momentum ka faida uthana chahiye. GBP/JPY se related aane wali news data ko monitor karna trading decisions ke liye crucial hai. Economic indicators, geopolitical events, aur market sentiment reports currency pair movements ko significantly impact kar sakti hain. Latest news se updated rehne se traders ko potential market shifts aur strategy adjustments ke opportunities mil sakti hain.

Aapka trading week successful aur profitable ho!