جی بی پی/جے پی وولٹیلٹی: مارکیٹ تجزیہ

reliable trading recommendations page par mid-July trading mein 208.00 ke resistance par jab yeh tha, British pound ko Japanese yen ke against sell karne ka mashwara de chuka hoon. Economic diary ke results ke mutabiq, Britain ke construction sector ki growth 26 maheenon ke highest level tak pohanch gayi hai. Standard & Poor's Global ke zariye jari ki gayi UK Construction Purchasing Managers' Index July 2024 mein 55.3 tak barh gayi, jo market expectations 52.7 se zyada thi aur June ke 52.2 se barh gayi, jo ke construction sector mein ek significant monthly expansion ko zahir karti hai. Yeh growth 5 maheenon ki current expansion series ko barhawa de rahi hai, jismein growth rate May 2022 ke baad se sabse tez tha. July mein housing projects mein growth ki wapsi hui, commercial activity mein bhi izafa dekhne ko mila, jabke civil engineering mein do saal aur aadha saal mein sabse tez expansion dekhne ko mili. Is mahine activity aur naye orders mein tezi se izafa hua, jis se purchasing activity aur employment levels mein lagatar teesray mahine izafa dekhne ko mila. Increased demand ne supply chain par pressures dalay aur input costs mein tez izafa dekha gaya. Dosri taraf, British 10-year Treasury bonds ke yield mein 6 maheenon ke lowest level se izafa dekha gaya. Electronic trading platforms ke mutabiq, British 10-year Treasury note ka yield 3.74% ke six-month low se barh kar takreeban 3.9% tak chala gaya, US services sector ke July mein rebound aur Federal Reserve policymakers ke calming comments ke baad, jo market ke kuch losses ko kam karne mein madadgar sabit hue. GBP/JPY pair ko aaj sell kar sakte hain. Agar price 199.50 level ko upside se break karta hai, to yeh short-term bearish outlook ko invalidate kar dega. Is bear move ke liye projected target 194.00 hai. Safe trading ke liye, aap apni half position 194.76 par close kar sakte hain. Main das saalon se forex trading kar raha hoon. Aakhri do saalon mein maine kuch khaas cheez discover ki hai. Is forum mein, main apna technical analysis share karoon ga. Aap meri technical analysis mein improvements karne ke liye bilkul free hain. Main aap se is par discuss karne mein khushi mehsoos karoon ga. Apna support dikhane ke liye, "like" button par click karein. GBP/JPY currency pair ab bhi further upward movement ki potential rakhti hai kyun ke demand area jo ke 180.94 par hai, ab tak

lowest level hai. Analysis likhte waqt, yeh pair 183.55 ke level par stable hai. Main aksar apne reliable trading recommendations page par mid-July trading mein 208.00 ke resistance par jab yeh tha, British pound ko Japanese yen ke against sell karne ka mashwara de chuka hoon. Economic diary ke results ke mutabiq, Britain ke construction sector ki growth 26 maheenon ke highest level tak pohanch gayi hai. Standard & Poor's Global ke zariye jari ki gayi UK Construction Purchasing Managers' Index July 2024 mein 55.3 tak barh gayi, jo market expectations 52.7 se zyada thi aur June ke 52.2 se barh gayi, jo ke construction sector mein ek significant monthly expansion ko zahir karti hai. Yeh growth 5 maheenon ki current expansion series ko barhawa de rahi hai, jismein growth rate May 2022 ke baad se sabse tez tha. July mein housing projects mein growth ki wapsi hui, commercial activity mein bhi izafa dekhne ko mila, jabke civil engineering mein do saal aur aadha saal mein sabse tez expansion dekhne ko mili. Is mahine activity aur naye orders mein tezi se izafa hua, jis se purchasing activity aur employment levels mein lagatar teesray mahine izafa dekhne ko mila. Increased demand ne supply chain par pressures dalay aur input costs mein tez izafa dekha gaya. Dosri taraf, British 10-year Treasury bonds ke yield mein 6 maheenon ke lowest level se izafa dekha gaya. Electronic trading platforms ke mutabiq, British 10-year Treasury note ka yield 3.74% ke six-month low se barh kar takreeban 3.9% tak chala gaya, US services sector ke July mein rebound aur Federal Reserve policymakers ke calming comments ke baad, jo market ke kuch losses ko kam karne mein madadgar sabit hue. GBP/JPY pair ko aaj sell kar sakte hain. Agar price 199.50 level ko upside se break karta hai, to yeh short-term bearish outlook ko invalidate kar dega. Is bear move ke liye projected target 194.00 hai. Safe trading ke liye, aap apni half position 194.76 par close kar sakte hain. Main das saalon se forex trading kar raha hoon. Aakhri do saalon mein maine kuch khaas cheez discover ki hai. Is forum mein, main apna technical analysis share karoon ga. Aap meri technical analysis mein improvements karne ke liye bilkul free hain. Main aap se is par discuss karne mein khushi mehsoos karoon ga. Apna support dikhane ke liye, "like" button par click karein. GBP/JPY currency pair ab bhi further upward movement ki potential rakhti h

lowest level hai. Analysis likhte waqt, yeh pair 183.55 ke level par stable hai. Main aksar apne reliable trading recommendations page par mid-July trading mein 208.00 ke resistance par jab yeh tha, British pound ko Japanese yen ke against sell karne ka mashwara de chuka hoon. Economic diary ke results ke mutabiq, Britain ke construction sector ki growth 26 maheenon ke highest level tak pohanch gayi hai. Standard & Poor's Global ke zariye jari ki gayi UK Construction Purchasing Managers' Index July 2024 mein 55.3 tak barh gayi, jo market expectations 52.7 se zyada thi aur June ke 52.2 se barh gayi, jo ke construction sector mein ek significant monthly expansion ko zahir karti Hi. Yeh growth 5 maheenon ki current expansion series ko barhawa de rahi hai, jismein growth rate May 2022 ke baad se sabse tez tha. July mein housing projects mein growth ki wapsi hui, commercial activity mein bhi izafa dekhne ko mila, jabke civil engineering mein do saal aur aadha saal mein sabse tez expansion dekhne ko mili. Is mahine activity aur naye orders mein tezi se izafa hua, jis se purchasing activity aur employment levels mein lagatar teesray mahine izafa dekhne ko mila. Increased demand ne supply chain par pressures dalay aur input costs mein tez izafa dekha gaya. Dosri taraf, British 10-year Treasury bonds ke yield mein 6Kal ke trading mein, pound ne subeh ke auqat mein tamam major currencies ke against rise kiya, aur GBP/EUR exchange rate bhi upar gaya jab official data ne yeh dikhaya ke UK employment mein izafa hua aur unemployment rate dusre quarter ke akhir mein gir gaya , jisne pound ko tamam major currencies ke against higher push kiya. Reliable trading platforms ke mutabiq, UK Office for National Statistics ne bataya ke May mein unemployment rate 4.4% se gir kar 4.2% ho gaya, jo ke second quarter ke growth trend ko reverse karta hai. Is development ke baad pound ne US dollar, euro aur doosri major currencies ke against rise kiya, jisme sabse bara gain low-yielding financia

6Day EMA par Muzahmat: GBP/JPY currency pair is waqt ek ahem resistance level ke qareeb hai jo 21-day Exponential Moving Average (EMA) par hai, jo qareeb 191.63 par positioned hai. EMA ek ahem technical indicator hai jo price data ko smooth out karke trends ko highlight karta hai. Jab price 21-day EMA ke qareeb hoti hai, to yeh aksar is baat ka ishara hota hai ke price ya to reverse kar sakti hai ya consolidate. Traders aur investors is level ko barabar dekhte hain, takay price action ke signal mil sakein, jaise ke resistance jo mazeed upar jane se rok sake. GBP/JPY ke daily chart ka jaiza yeh dikhata hai ke bullish bias kamzor ho raha hai. Is observation ka matlab hai ke jo momentum pair ko upar le kar ja raha tha, wo ab kamzor ho raha hai. Bullish bias ka kamzor hona kai factors ki wajah se ho sakta hai, jaise ke overbought conditions, market sentiment ka shift hona, ya nayi economic data jo pehle ke upward trend ko challenge kar rahi ho. Traders ke liye yeh zaroori hai ke yeh tamam elements ko dekhte hue future price movement ka potential samjhen Bearish Shift ka Imkan: Ek ahem technical feature jo dekhne laayak hai wo hai ascending channel jisme GBP/JPY trade kar raha hai. Agar price is ascending channel ke neeche break kar jati hai, to yeh bullish se bearish market bias mein tabdeel hone ka signal ho sakta hai. Ascending channel aksar ek consistent upward trend ko represent karta hai, jisme higher highs aur higher lows hoti hain. Agar price is channel ke neeche gir jati hai, to yeh is baat ka ishara ho sakta hai ke upward trend ab kamzor ho raha hai aur market sentiment bearishness ki taraf shift ho raha hai Economic Data Releases: UK aur Japan, dono ke economic indicators GBP/JPY ki movements par aham asar dalte hain. Misal ke taur par, agar UK ki economic data strong hoti hai to yeh GBP ke liye bullish outlook ko support kar sakti hai, jabke weak data GBP par pressure daal sakti hai. Isi tarah Japan mein economic developments, jaise ke monetary policy mein changes ya economic performance, bhi exchange rate par asar dalti hain Monetary Policy Divergence: Bank of England (BoE) aur Bank of Japan (BoJ) ki interest rate decisions aur monetary policies bahut aham hain. In do central banks ke darmiyan monetary policy mein farq se GBP/JPY pair meiClick image for larger version

GBP/JPY ko 180.07 ke support level tak le aaye hain, jo ke 2024 ke aghaz se ab tak ka sabse lowest level hai. Analysis likhte waqt, yeh pair 183.55 ke level par stable hai. Main aksar apne reliable trading recommendations page par mid-July trading mein 208.00 ke resistance par jab yeh tha, British pound ko Japanese yen ke against sell karne ka mashwara de chuka hoon. Economic diary ke results ke mutabiq, Britain ke construction sector ki growth 26 maheenon ke highest level tak pohanch gayi hai. Standard & Poor's Global ke zariye jari ki gayi UK Construction Purchasing Managers' Index July 2024 mein 55.3 tak barh gayi, jo market expectations 52.7 se zyada thi aur June ke 52.2 se barh gayi, jo ke construction sector mein ek significant monthly expansion ko zahir karti Hi. Yeh growth 5 maheenon ki current expansion series ko barhawa de rahi hai, jismein growth rate May 2022 ke baad se sabse tez tha. July mein housing projects mein growth ki wapsi hui, commercial activity mein bhi izafa dekhne ko mila, jabke civil engineering mein do saal aur aadha saal mein sabse tez expansion dekhne ko mili. Is mahine activity aur naye orders mein tezi se izafa hua, jis se purchasing activity aur employment levels mein lagatar teesray mahine izafa dekhne ko mila. Increased demand ne supply chain par pressures dalay aur input costs mein tez izafa dekha gaya. Dosri taraf, British 10-year Treasury bonds ke yield mein 6Kal ke trading mein, pound ne subeh ke auqat mein tamam major currencies ke against rise kiya, aur GBP/EUR exchange rate bhi upar gaya jab official data ne yeh dikhaya ke UK employment mein izafa hua aur unemployment rate dusre quarter ke akhir mein gir gaya , jisne pound ko tamam major currencies ke against higher push kiya. Reliable trading platforms ke mutabiq, UK Office for National Statistics ne bataya ke May mein unemployment rate 4.4% se gir kar 4.2% ho gaya, jo ke second quarter ke growth trend ko reverse karta hai. Is development ke baad pound ne US dollar, euro aur doosri major currencies ke against rise kiya, jisme sabse bara gain low-yielding financial

GBP/JPY ka uptrend bohat mazboot hai, jo traders ko iski bullish momentum se faida uthane ke liye kai mokay faraham karta hai. Support level 206.370 aur 206.182 ke darmiyan aik ahem zone hai jo is uptrend ke jari rehne mein madad karta hai. Ye range aik mazboot buniyad ke tor par kaam karti hai, jo price ko aur girne se rokti hai. Muqami support aur resistance levels ko samajhna bohat zaroori hota hai taake behtareen trading decisions liye ja sakein. Jab tak price 206.170-206.380 ke critical support zone ke upar rehti hai, traders bullish strength ka faida utha sakte hain.
Market ka analysis karte waqt, in support levels ki ahmiyat ko samajhna bohat zaroori hai. 206.370 aur 206.182 ke darmiyan ka range aik ahem deewar ke tor par kaam karta hai jo current uptrend ko barqarar rakhta hai. Agar price is range ke neeche gir jaye, to yeh trend ke palatne ya kamzor hone ka signal ho sakta hai. Lekin jab tak price is support zone ke upar rehti hai, bullish sentiment dominate karta rahega. Traders ko is level par nazar rakhni chahiye aur apni positions ko us ke mutabiq adjust karna chahiye.
GBP/JPY ka agla target 206.380 level tak pohanchna aur is se agay barhna hai. Agar price is level ko break kar le, to yeh uptrend ki taqat ko tasdeeq karega aur traders ke liye aik wazeh short-term goal faraham karega. Aik solid break is resistance level ke upar bullish momentum ko barqarar rakhne aur mazeed taiz karne ke liye zaroori hoga. Traders ko support zone ke qareeb dips par long positions lene ka mauqa dekhna chahiye, aur initial target 206.380 ko rakhna chahiye. Jab price successfully 206.380 ke resistance level ko paar kar le, to bullish momentum dobara se shuru hone ki umeed hai. Is breakout ka matlab yeh hoga ke buyers price ko upar le jane mein kamyaab hain. 206.380 ke baad, traders ko agle immediate resistance zone ko target karna chahiye. Yeh dekhna bohat zaroori hoga ke price is level par kis tarah react karti hai, kyunke is range ke upar consolidation kaamyaabi se hoti hai to further gains ka rasta asaan ho jaye ga. Is resistance ko paar karna yeh dikhata hai ke bullish trend na sirf barqarar hai, balki mazeed taqatwar ho raha hai.

**Mukhtasir Tajziya:**

Is data ke mad-e-nazar, market ko ab yeh nahi lagta ke 50-basis-point cut mumkin hai. Yeh baat pehli dafa August ke shuru mein discuss hui thi jab unemployment aur labor market reports ne kamzor nateeje diye the. Magar, ab ummeedain stabilise ho chuki hain, aur sirf 30% chance hai ke 50-point cut hoga. Lekin market ne already aise move ko price in kar liya tha, toh ab sirf aik corrective wave set nahi chahiye, balki expectations ki dobara jaiza leni ki zaroorat hai. News kuch bhi ho, yeh pair ko indefinitely upar nahi le ja sakti. Ab ek paanch-wave structure ban chuka hai, toh mein expect karta hoon ke aik corrective wave set with targets zaroori hai.

**Bari Scale Par Analysis:**

Pound/yen pair ke bade scale par, ek uptrend continue kar raha hai. August 5 ke baad se corrective decline ke baad, ek upward wave jo reversal potential rakhti hai, strong resistance ke lower boundary se develop ho rahi hai. Is wave ka middle section (B) apne completion ke qareeb hai. Chart par kisi imminent reversal ke koi signals abhi tak nazar nahi aa rahe.

Market lagta hai ke Federal Reserve ke monetary easing ke scale ko overestimate kar raha hai, jo 2024 mein 112bps ke reduction ki demand kar raha hai. Ideal situation mein, is saal 75bps ki cut honi chahiye. Agar aisa hota hai, toh US dollar phir se play mein aa jayega jaise ke pehle quarter mein hua tha. Is ke muqabil, Bank of England ke monetary policy easing ka expected pace bohot slow lag raha hai. Saal ke end tak 40bps? Ek step of 25bps aur shayad ek doosra bhi? Kya yeh itna kam hai ek aise country ke liye jahan inflation already 2% target ko hit kar chuki hai?

**Weekly Forecast:**

Haftay ke shuru mein, support zone ke aas-paas sideways movement continue hone ke imkaan hain. Weekend ke qareeb, volatility barh sakti hai, aur direction mein tabdeeli bhi ho sakti hai. Lower boundary of support ka brief breakout bhi ho sakta hai. Reversal ka timing important economic data release se mil sakta hai.

**Potential Reversal Zones

D-1 Timeframe: Hafta khatam honay ko hai, chalay D1 period chart ka phir se jaiza lete hain - GBPJPY currency pair ka. Pechlay trading hafta mein zyadatar bechne walon ka raaj raha, sirf haftay ke aghaz mein thoda izafa dekhnay ko mila, lekin us ke baad girawat shuru hui jo haftay ke akhir tak barqarar rahi. Kuch dino mein din ke andar thori si recovery bhi hui, lekin har dafa bechne walon ne price ko neeche gira diya. Wave structure neeche ki taraf ban raha hai, aur MACD indicator phir se neeche ki sale zone mein kam ho raha hai aur apni signal line ke neeche hai. Mera andaza hai ke girawat jaari rahegi aur ye general downward trend ke mutabiq chalegi. Girawat ka target guzishta August ka minimum hai. Chhoti timeframes par kaam karte waqt sirf downward trade karna behtar hoga jab decline ke mutabiq formations ban rahein. Shayad hum foran neeche na jayen, is ka ishara CCI indicator ki position se milta hai, jo lower overheating zone mein hai. Girawat se pehle, qareebi strong resistance level 189.16 tak thoda corrective growth ho sakta hai. Agar ye rollback hota hai, to is level ke qareeb chhoti ti

**Mukhtasir Tajziya:**

Is data ke mad-e-nazar, market ko ab yeh nahi lagta ke 50-basis-point cut mumkin hai. Yeh baat pehli dafa August ke shuru mein discuss hui thi jab unemployment aur labor market reports ne kamzor nateeje diye the. Magar, ab ummeedain stabilise ho chuki hain, aur sirf 30% chance hai ke 50-point cut hoga. Lekin market ne already aise move ko price in kar liya tha, toh ab sirf aik corrective wave set nahi chahiye, balki expectations ki dobara jaiza leni ki zaroorat hai. News kuch bhi ho, yeh pair ko indefinitely upar nahi le ja sakti. Ab ek paanch-wave structure ban chuka hai, toh mein expect karta hoon ke aik corrective wave set with targets zaroori hai.

**Bari Scale Par Analysis:**

Pound/yen pair ke bade scale par, ek uptrend continue kar raha hai. August 5 ke baad se corrective decline ke baad, ek upward wave jo reversal potential rakhti hai, strong resistance ke lower boundary se develop ho rahi hai. Is wave ka middle section (B) apne completion ke qareeb hai. Chart par kisi imminent reversal ke koi signals abhi tak nazar nahi aa rahe.

Market lagta hai ke Federal Reserve ke monetary easing ke scale ko overestimate kar raha hai, jo 2024 mein 112bps ke reduction ki demand kar raha hai. Ideal situation mein, is saal 75bps ki cut honi chahiye. Agar aisa hota hai, toh US dollar phir se play mein aa jayega jaise ke pehle quarter mein hua tha. Is ke muqabil, Bank of England ke monetary policy easing ka expected pace bohot slow lag raha hai. Saal ke end tak 40bps? Ek step of 25bps aur shayad ek doosra bhi? Kya yeh itna kam hai ek aise country ke liye jahan inflation already 2% target ko hit kar chuki hai?

**Weekly Forecast:**

Haftay ke shuru mein, support zone ke aas-paas sideways movement continue hone ke imkaan hain. Weekend ke qareeb, volatility barh sakti hai, aur direction mein tabdeeli bhi ho sakti hai. Lower boundary of support ka brief breakout bhi ho sakta hai. Reversal ka timing important economic data release se mil sakta hai.

**Potential Reversal Zones

GBP/JPY pair ne 2024 ke lowest levels se upar ki taraf qadam barhaya, jab ek influential policymaker ne kaha ke July mein yen ki bepanah badhavat aur recent global market ki volatility Bank of Japan ko interest rates phir se barhane se rokh sakti hai. Reliable currency trading platforms ke mutabiq... GBP/JPY pair ne Shunichi Uchida ke kehne par 2% se zyada ka izafa kiya, jab unhone Hakodate mein local leaders ko bataya ke recent global market ki volatility aur July mein yen ki bepanah badhavat Bank of Japan ko interest rates phir se barhane se rokh sakti hai. Bank of Japan ke Deputy Governor ne apne taqreer mein kaha: "Japan ki economy aisi nahi hai ke bank ko interest rates barhane ki zarurat ho agar yeh ek certain pace par nahi barhate. Is liye, bank financial aur capital markets unstable hone par interest rates nahi barhaye ga." Bank of Japan ne 31 July ko dusri baar interest rates barhaye aur kaha ke agar inflation aur economic growth aane wale mahino mein unki umeedon ke mutabiq hui to wo phir se barha sakte hain. Yeh efforts aur 11 July ko hui official intervention ke asraat ke saath, aur global markets mein risk aversion ke badhte huye carry trade ka reversal ho gaya jo pehle yen par bohot bhari pada tha.
Forex trading ke mutabiq... GBP/JPY ne July mein apne peak se trough tak 13% se zyada girawat dekhi jab yen-funded carry trade unwind hua aur market ne Bank of Japan se is saal ke baad additional rate hikes ki pricing ki. Magar, yen ki recent rise ke sath global markets mein mounting losses dekhi gayi, jahan Nikkei index ne is hafte ke Monday ko ek din mein 10% se zyada girawat dekhi.

Uchida ne kaha: “Financial aur capital markets ne US dollar ki tezi se kamzori aur stock prices ka global decline dekha hai, jo US economy ke slowdown ke concerns ki wajah se hai. Jaise hi yen ki depreciation theek hui hai, import prices se high inflation ka risk kam ho gaya hai.”

Lekin, sirf global volatility hi Japanese interest rate hikes ko kam mumkin nahi banati, Uchida ne yeh bhi zikr kiya ke yen ki recovery bhi inflation ke risk ko kam kar rahi hai. Event aur uske asraat par comment karte hue, Elias Haddad, senior global markets analyst at Brown Brothers Harriman, ne kaha: “Bank of Japan ab damage control mein masroof hai. Apni hawkish policies par badhte hue tanqeed ke saath, BOJ ab aane wale 12 mahino mein sirf 15 basis points ki rate hike ka imkaan de raha hai, jabke pehle yeh 50 basis points expected tha.”

Uchida ke comments aur yen ki losses iske stunning rally ko khatam kar sakti hain aur currency ko further declines ke liye position mein daal sakti hain jo USD/JPY aur GBP/JPY jaise pairs ko upar le aa sakti hain. Yeh khaaskar tab mumkin hai agar global markets stabilize hoti hain, jo investors ko carry trades mein phir se engage karne par majboor kar sakti hai jaise Wednesday ko jab currencies jaise

GBP/JPY ko 180.07 ke support level tak le aaye hain, jo ke 2024 ke aghaz se ab tak ka sabse lowest level hai. Analysis likhte waqt, yeh pair 183.55 ke level par stable hai. Main aksar apne reliable trading recommendations page par mid-July trading mein 208.00 ke resistance par jab yeh tha, British pound ko Japanese yen ke against sell karne ka mashwara de chuka hoon. Economic diary ke results ke mutabiq, Britain ke construction sector ki growth 26 maheenon ke highest level tak pohanch gayi hai. Standard & Poor's Global ke zariye jari ki gayi UK Construction Purchasing Managers' Index July 2024 mein 55.3 tak barh gayi, jo market expectations 52.7 se zyada thi aur June ke 52.2 se barh gayi, jo ke construction sector mein ek significant monthly expansion ko zahir karti Hi. Yeh growth 5 maheenon ki current expansion series ko barhawa de rahi hai, jismein growth rate May 2022 ke baad se sabse tez tha. July mein housing projects mein growth ki wapsi hui, commercial activity mein bhi izafa dekhne ko mila, jabke civil engineering mein do saal aur aadha saal mein sabse tez expansion dekhne ko mili. Is mahine activity aur naye orders mein tezi se izafa hua, jis se purchasing activity aur employment levels mein lagatar teesray mahine izafa dekhne ko mila. Increased demand ne supply chain par pressures dalay aur input costs mein tez izafa dekha gaya. Dosri taraf, British 10-year Treasury bonds ke yield mein 6Kal ke trading mein, pound ne subeh ke auqat mein tamam major currencies ke against rise kiya, aur GBP/EUR exchange rate bhi upar gaya jab official data ne yeh dikhaya ke UK employment mein izafa hua aur unemployment rate dusre quarter ke akhir mein gir gaya , jisne pound ko tamam major currencies ke against higher push kiya. Reliable trading platforms ke mutabiq, UK Office for National Statistics ne bataya ke May mein unemployment rate 4.4% se gir kar 4.2% ho gaya, jo ke second quarter ke growth trend ko reverse karta hai. Is development ke baad pound ne US dollar, euro aur doosri major currencies ke against rise kiya, jisme sabse bara gain low-yielding fina:

lowest level hai. Analysis likhte waqt, yeh pair 183.55 ke level par stable hai. Main aksar apne reliable trading recommendations page par mid-July trading mein 208.00 ke resistance par jab yeh tha, British pound ko Japanese yen ke against sell karne ka mashwara de chuka hoon. Economic diary ke results ke mutabiq, Britain ke construction sector ki growth 26 maheenon ke highest level tak pohanch gayi hai. Standard & Poor's Global ke zariye jari ki gayi UK Construction Purchasing Managers' Index July 2024 mein 55.3 tak barh gayi, jo market expectations 52.7 se zyada thi aur June ke 52.2 se barh gayi, jo ke construction sector mein ek significant monthly expansion ko zahir karti Hi. Yeh growth 5 maheenon ki current expansion series ko barhawa de rahi hai, jismein growth rate May 2022 ke baad se sabse tez tha. July mein housing projects mein growth ki wapsi hui, commercial activity mein bhi izafa dekhne ko mila, jabke civil engineering mein do saal aur aadha saal mein sabse tez expansion dekhne ko mili. Is mahine activity aur naye orders mein tezi se izafa hua, jis se purchasing activity aur employment levels mein lagatar teesray mahine izafa dekhne ko mila. Increased demand ne supply chain par pressures dalay aur input costs mein tez izafa dekha gaya. Dosri taraf, British 10-year Treasury bonds ke yield mein 6Kal ke trading mein, pound ne subeh ke auqat mein tamam major currencies ke against rise kiya, aur GBP/EUR exchange rate bhi upar gaya jab official data ne yeh dikhaya ke UK employment mein izafa hua aur unemployment rate dusre quarter ke akhir mein gir gaya , jisne pound ko tamam major currencies ke against higher push kiya. Reliable trading platforms ke mutabiq, UK Office for National Statistics ne bataya ke May mein unemployment rate 4.4% se gir kar 4.2% ho gaya, jo ke second quarter ke growth trend ko reverse karta hai. Is development ke baad pound ne US dollar, euro aur doosri major currencies ke against rise kiya, jisme sabse bara gain low-yielding financia

6Day EMA par Muzahmat: GBP/JPY currency pair is waqt ek ahem resistance level ke qareeb hai jo 21-day Exponential Moving Average (EMA) par hai, jo qareeb 191.63 par positioned hai. EMA ek ahem technical indicator hai jo price data ko smooth out karke trends ko highlight karta hai. Jab price 21-day EMA ke qareeb hoti hai, to yeh aksar is baat ka ishara hota hai ke price ya to reverse kar sakti hai ya consolidate. Traders aur investors is level ko barabar dekhte hain, takay price action ke signal mil sakein, jaise ke resistance jo mazeed upar jane se rok sake. GBP/JPY ke daily chart ka jaiza yeh dikhata hai ke bullish bias kamzor ho raha hai. Is observation ka matlab hai ke jo momentum pair ko upar le kar ja raha tha, wo ab kamzor ho raha hai. Bullish bias ka kamzor hona kai factors ki wajah se ho sakta hai, jaise ke overbought conditions, market sentiment ka shift hona, ya nayi economic data jo pehle ke upward trend ko challenge kar rahi ho. Traders ke liye yeh zaroori hai ke yeh tamam elements ko dekhte hue future price movement ka potential samjhen Bearish Shift ka Imkan: Ek ahem technical feature jo dekhne laayak hai wo hai ascending channel jisme GBP/JPY trade kar raha hai. Agar price is ascending channel ke neeche break kar jati hai, to yeh bullish se bearish market bias mein tabdeel hone ka signal ho sakta hai. Ascending channel aksar ek consistent upward trend ko represent karta hai, jisme higher highs aur higher lows hoti hain. Agar price is channel ke neeche gir jati hai, to yeh is baat ka ishara ho sakta hai ke upward trend ab kamzor ho raha hai aur market sentiment bearishness ki taraf shift ho raha hai Economic Data Releases: UK aur Japan, dono ke economic indicators GBP/JPY ki movements par aham asar dalte hain. Misal ke taur par, agar UK ki economic data strong hoti hai to yeh GBP ke liye bullish outlook ko support kar sakti hai, jabke weak data GBP par pressure daal sakti hai. Isi tarah Japan mein economic developments, jaise ke monetary policy mein changes ya economic performance, bhi exchange rate par asar dalti hain Monetary Policy Divergence: Bank of England (BoE) aur Bank of Japan (BoJ) ki interest rate decisions aur monetary policies bahut aham hain. In do central banks ke darmiyan monetary policy mein farq se GBP/JPY pair meiClick image for larger version

GBP/JPY pair ne Shunichi Uchida ke kehne par 2% se zyada ka izafa kiya, jab unhone Hakodate mein local leaders ko bataya ke recent global market ki volatility aur July mein yen ki bepanah badhavat Bank of Japan ko interest rates phir se barhane se rokh sakti hai. Bank of Japan ke Deputy Governor ne apne taqreer mein kaha: "Japan ki economy aisi nahi hai ke bank ko interest rates barhane ki zarurat ho agar yeh ek certain pace par nahi barhate. Is liye, bank financial aur capital markets unstable hone par interest rates nahi barhaye ga."
Bank of Japan ne 31 July ko dusri baar interest rates barhaye aur kaha ke agar inflation aur economic growth aane wale mahino mein unki umeedon ke mutabiq hui to wo phir se barha sakte hain. Yeh efforts aur 11 July ko hui official intervention ke asraat ke saath, aur global markets mein risk aversion ke badhte huye carry trade ka reversal ho gaya jo pehle yen par bohot bhari pada tha.
Forex trading ke mutabiq... GBP/JPY ne July mein apne peak se trough tak 13% se zyada girawat dekhi jab yen-funded carry trade unwind hua aur market ne Bank of Japan se is saal ke baad additional rate hikes ki pricing ki. Magar, yen ki recent rise ke sath global markets mein mounting losses dekhi gayi, jahan Nikkei index ne is hafte ke Monday ko ek din mein 10% se zyada girawat dekhi.
Uchida ne kaha: “Financial aur capital markets ne US dollar ki tezi se kamzori aur stock prices ka global decline dekha hai, jo US economy ke slowdown ke concerns ki wajah se hai. Jaise hi yen ki depreciation theek hui hai, import prices se high inflation ka risk kam ho gaya hai.”
GBP/JPY mein recent sharp drop ke bawajood, jo ke 196.36 zone tak tha, market apna correction process mukammal karne ke baad wapas aane ke liye tayyar hai. Aane wale news events par nazar rakh kar aur correction dynamics ko samajh kar, traders strategic tor par apne aap ko position kar sakte hain aur GBP/JPY market mein umeed zad recovery se faida utha sakte hain.
Lekin, sirf global volatility hi Japanese interest rate hikes ko kam mumkin nahi banati, Uchida ne yeh bhi zikr kiya ke yen ki recovery bhi inflation ke risk ko kam kar rahi hai. Event aur uske asraat par comment karte hue, Elias Haddad, senior global markets analyst at Brown Brothers Harriman, ne kaha: “Bank of Japan ab damage control mein masroof hai. Apni hawkish policies par badhte hue tanqeed ke saath, BOJ ab aane wale 12 mahino mein sirf 15 basis points ki rate hike ka imkaan de raha hai

CURRENCY PAIR GBP-JPY

Chahay bahar ka mausam kaisa bhi ho, humein earning se nahi rok sakta. Chalo apne analysis ka aghaz karte hain GBPJPY currency pair ka M15 timeframe par. Hum apne chart par mashhoor moving averages ka istemal karte hain. Mein zyadatar 9 aur 22 period ki exponential moving averages lagata hoon. Yeh tool bohat asan magar faidemand hai. Jahan tak signals ka ta'aluq hai, hum apne dimaagh par bohat zyada bojh nahi daalte; hum moving averages ke intersection ka istemal karte hain price mark 184.776 par. Mein aksar conservatively market mein daakhil hota hoon. Jab meri moving averages intersect karti hain, toh mein 5-minute timeframe par thoda sa rollback ka intezaar karta hoon Iske baad, hum market mein buy karte hain. Jo minimum take mein istemal karta hoon, wo 1 se 3 ka ratio hota hai. Agar deal zyada profit de, toh mein position trail karta hoon. Jaise hi price ek-third profitable zone se guzarti hai, mein apne trade ko breakeven par shift karta hoon; isse mujhe sakoon milta hai, aur hamesha dobara market mein wapas aasakta hoon. Mera stop order hamesha 20 points ke qareeb hota hai. Kabhi kabhi mein 25 set kar leta hoon, magar is se zyada nahi. Mein wide stops ka khayal rakhta hoon taake fakeouts se bacha ja sake, jo ke market mein bohat zyada hote hain. Mera analysis yahan khatam hota hai. Umeed hai ke aap ke liye yeh mufeed tha. Har surat mein, aap ka shukriya! GBPJPY pair par movement ab bhi downward trend mein hai Iss waqt, price intermediate bull zone (-185.22) ki taraf squeeze ho rahi hai, jahan se price pehle bhi bounce le chuki hai. Agar buyer is range ko hold kar sakay, toh price ko upper maximum (186.19) tak push kiya ja sakta hai; humare liye yeh pehla level hoga jispar kaam karna hai. Magar is waqt currency mein kami ho rahi hai, aur mein samajhta hoon ke price ko neeche le jaane ke liye sellers ko buyer zone (183.13) ko break karna hoga. Us ke baad price ke further decline ke liye ek trading channel open hoga lower zone (-185.94) tak, jahan bullish direction ka aghaz hua tha Agar bears is range ko break kar lein - 186.45, toh is movement ki taqat ka confirmation hoga ke consolidation buyers zone ke neeche ho rahi hai. Signal aur secondary signals se confirmation milegi. Moving average indicator EMA 13-150 ke period ke sath ek downward trend dikhata hai; market mein entry sirf sale ke liye dhoondni chahiye