gbp/jpy

**GBP/JPY Ka Analysis**

GBP/JPY pair ne ek choti si rally dekhi, jo ek hafta ke high tak pahuncha, lekin phir selling pressure ka samna karte hue peeche hata. Is girawat ke piche kuch wajahen hain, jaise ke UK President Andrew Bailey ke bayan ki wajah se British Pound ki kamzori, aur geopolitical risks aur Bank of Japan ke officials ke dovish bayanon ki wajah se Japanese Yen ki taqat mein izafa. In sab mushkilat ke bawajood, GBP/JPY pair abhi bhi Bank of Japan ke agle interest rate hikes ke uncertainty se support hasil kar raha hai. Japan ke naye Prime Minister aur Economic Revitalization Minister ne deflation par kabu paane ki ahmiyat ko darshaya hai, jo yeh darshata hai ke qareeb ke waqt mein interest rates ko kafi had tak nahi badhaya jayega. Is ke ilawa, Bank of England ke chief economist Houpier ke comments, jo higher interest rates ka potential darshate hain, ne British Pound ko kuch support diya hai.

**Technical Perspective**

Technical taur par, GBP/JPY pair ne ek strong uptrend banaya hai, 200-day Simple Moving Average (SMA) aur 195.00 level ko cross karte hue. Stochastic indicators overbought conditions dikhate hain, jabke Relative Strength Index (RSI) 70 level ke qareeb hai, jo short-term pullback ka potential darshata hai. Agar GBP/JPY pair apne upward momentum ko barqarar rakh sakta hai, toh ye agle resistance levels 199.40 aur 201.60 ko challenge kar sakta hai. Lekin, current overbought conditions aur short-term correction ke potential ko dekhte hue, bullish traders ko ehtiyaat baratni chahiye aur pullbacks ke liye tayar rehna chahiye. Agar pair immediate support region 193.50-195.00 ke neeche girta hai, toh ye 200-day SMA par 192.70 ki taraf ya 50- aur 20-day SMAs par 190.60 aur 189.35 ki taraf move kar sakta hai. Kull milakar, GBP/JPY ki performance par short-term mein upward retracement ki kuch umeed hai, khas taur par agar ye 200.00 round figure ko cross kar sake.

Japan (BoJ) ne apna interest rate 0.25% par barqarar rakha, jo ke aik ihtiyaati approach ko zahir karta hai jabke policymakers mazeed wazeh economic recovery ke indicators ka intezar kar rahe hain. Is faislay ka asar Japanese yen ki qeemat par hota hai, kyunke stable interest rate ka matlab hai ke BoJ abhi tak monetary policy ko tighten karne ke liye tayar nahi hai jabke mulk ko ab bhi kuch economic challenges ka samna hai. Analysts khas tor par Japan ke inflation data aur employment figures ko ghaur se dekh rahe hain, kyunke yeh BoJ ke stance mein tabdeeli ka ishara de sakti hain. Doosri taraf, UK Retail Sales data bhi qareebi taur par dekha ja raha hai. Agar retail performance mazboot raha, toh British pound ko support milegi, jo ke consumer confidence aur economic strength ko zahir karega, lekin agar figures disappoint karti hain, toh currency par downward pressure aasakta hai. Europe mein chalte huye geopolitical tensions aur global economic growth ke hawalay se badhta hua uncertainty, market sentiment ko aur bhi mushkil bana raha hai, jis ki wajah se GBP/JPY mein fluctuations dekhne ko mil rahi hain. Technical chart ko dekhte huye, GBP/JPY upward movement ke liye ek naazuk position mein nazar aa raha hai. Japan se aham data release hone ke baad, yeh asset ab retrace kar raha hai. H4 chart ka analysis yeh dikha raha hai ke pair ne local resistance level 189.10 ko break kiya, jo ke pehle aik rukawat tha. Magar agar hum daily aur H4 charts ka bara view dekhein, toh 189.10 se 191.24 ka zone aik significant resistance area hai. Bullish momentum tabhi qaim ho sakti hai jab price na sirf 191.24 ko break kare, balkay uske upar trading bhi sustain kare. Chand haftay pehle asset ne yeh resistance breach karne ki koshish ki thi aur aik daily white candle banayi thi. Magar, is bullish koshish ke baad aik bearish engulfing pattern bana, jo ke market sentiment mein selling ke taraf tabdeeli ko zahir karta hai. Is development ne aik bearish trend ko shuru kiya jo ke price ko local support zone ke qareeb 183.13 tak le aaya. Key technical indicators ko bhi ghaur se dekhna zaroori hai. Relative Strength Index (RSI) oversold territory ke qareeb hai, jo ke yeh hint deta hai ke zyada downside limited ho sakti hai, jabke moving averages ek potential bearish crossover ka ishara kar rahe hain, jo seller dominance ko mazid barhata hai. Iske ilawa, Fibonacci retracement levels yeh batate hain ke next major support around 182.50 par hai, jo buyers ke liye 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

GBP/JPY agar aaj ki trading mein seller ki taqat zyada zahir hoti hai, toh yeh selling position mein enter karne ka mauka de sakta hai. Sellers ke paas is baat ka acha mauqa hai ke wo market conditions ko bullish se bearish mein tabdeel kar sakein aur price ko support defense area tak neeche le ja sakein, jo MA100 indicator ke neeche hai. Yeh level sellers ke liye ek key target ban sakta hai, aur agar yeh break hota hai, toh yeh bearish trend ko aur bhi confirm karega. Current market momentum ke saath rehne ke liye, traders ko strong selling opportunities par nazar rakhni chahiye jab bearish pressure barhta hai.

GBP/JPY currency pair ka movement technical analysis ke saath dekhte hue, yeh abhi bhi price ko 100 tak upar le jane ki koshish kar raha hai. H1 time frame par, GBP/JPY ne ek bullish engulfing candle banayi hai, jo future mein GBP/JPY ko 100 par buy karne ka bahut strong signal hai. Lekin humein is downward correction se bhi waqif rehna chahiye, kyunki RSI 14 indicator ke mere observations ke mutabiq kuch is tarah ke signals mil rahe hain.

GBP/JPY par in sab factors ko samajhna bohot zaroori hai. Economic indicators, central bank ki policies, technical analysis, aur geopolitical events milkar is currency pair ki movement ko tay karte hain. In elements par nazar rakhkar traders apni strategies ko behtar bana sakte hain aur apne investment goals ko behtar tareeqe se achieve kar sakte hain. GBP/JPY ki dynamics ko samajhne se traders ko strategic advantage mil sakta hai, jo aakhir mein zyada munafa de sakta hai.

GBP/JPY aksar mukhtalif economic indicators se mutasir hota hai. Australia ki economy commodities, khaaskar iron ore aur gold, par depend karti hai. Jab commodity prices barhti hain, toh AUD ki value bhi barh jati hai. Iske muqablay mein, Japan ki economy consumer spending aur manufacturing output jese indicators se tay hoti hai, jo seedha JPY ki value ko mutasir karte hain. Japan se positive economic data JPY ki taqat ko barha sakta hai, jo shayad GBP/JPY exchange rate ko kam kar de.

**GBP/JPY**

GBP/JPY ne haal hi mein khaas volatility dekhi hai, jo aham economic events se mutasir hui hai. Bank of Japan (BoJ) ne apna interest rate 0.25% par barqarar rakhne ka faisla kiya hai, jo ek ehtiyaat bhara approach dikhata hai, jab policymakers behtar economic recovery ke zahir huye ishare ka intezar kar rahe hain. Ye faisla Japanese yen ki value par asar dalta hai, kyunke stable interest rate yeh darshata hai ke BoJ ab tak monetary policy ko tighten karne ke liye tayaar nahi hai, jabke economic challenges ab bhi jaari hain. Analysts khaaskar Japan ke inflation data aur employment figures par nazar rakh rahe hain, kyunke ye BoJ ke stance mein tabdeeliyan darshane wale ho sakte hain. Dusri taraf, aane wale UK Retail Sales data bhi nazar mein hain. Ek mazboot retail performance British pound ko mazid barhawa de sakta hai, jo consumer confidence aur economic strength ko darshata hai, jabke disappoint karne wale figures currency par neeche ki taraf pressure dal sakte hain. Europe mein jaari geopolitical tensions aur global economic growth ke aas-paas uncertainties market sentiment ko aur bhi complex banate hain, jisse GBP/JPY mein fluctuations hoti hain.

**Technical Analysis**

Technical chart par nazar daalte hue, GBP/JPY upward movement ke liye ek precarious position mein hai. Japan se critical data release hone ke baad, asset abhi retracing kar raha hai. H4 chart ka analysis ye darshata hai ke pair ne 189.10 par local resistance level ko tod diya hai, jo pehle ek rukawat thi. Lekin, daily aur H4 charts se broader nazar lene par ye pata chalta hai ke 189.10 se 191.24 ke beech ka zone ek khaas resistance area ke tor par kaam karta hai. Bullish momentum establish hone ke liye, price ko sirf break nahi karna hai balki 191.24 se upar trading barqarar rakhni hai. Kayi haftay pehle, asset ne is resistance ko todne ki koshish ki thi, jo ek daily white candle banate hue dekhi gayi. Lekin, ye bullish koshish ek bearish engulfing pattern ke saath aayi, jo market sentiment mein bechne ki taraf shift darshata hai. Ye development ek bearish trend ko shuru karne wala bana, jo price ko 183.13 ke aas-paas ke local support zone tak le gaya.

Key technical indicators par bhi tawajjo dena zaroori hai. Relative Strength Index (RSI) oversold territory ke nazdeek hai, jo ye darshata hai ke aage ka downside limit ho sakta hai, jabke moving averages ek potential bearish crossover ki taraf ishara karte hain, jo sellers ki dominance ko mazid barhata hai. Iske ilawa, Fibonacci retracement levels dikhate hain ke agla major support 182.50 ke aas-paas hai, jo buyers ke liye market mein entry karne ka critical point ban sakta hai.

GBP/JPY ka jo trend hai, wo pichle hafte ke trend se mutabiqat nahi rakh raha. Candlestick ka rukh bullish taraf hai, lekin pichle hafte mein request conditions neeche ki taraf thi. Yeh sach hai ke price 183.74 area se neeche nahi gayi. Lekin buyers ki taraf se ab bhi koshishen ho rahi hain ke wo is izafa ko jaari rakhein, halanke dealers ki taraf se kuch attempts is izafe ko dabaane ki bhi hain. Agar aap Monday se lekar Saturday raat tak price movement ko dekhein, to bullish trend ki shart price ko steadily upward taraf le ja sakti hai. Is hafte price 191.96 position tak barh gayi hai. Daily trading 184.78 se shuru hui aur aakhir mein daily bullish candlestick ke sath close hui. Is sab ke dekhte hue, aisa lagta hai ke request buyers ke control mein hai. GbpJpy market ke potential ke hawalay se dekha jaye, toh lagta hai ke market abhi bhi uptrend mein hai, jaisa ke pichlay haftay dekha gaya tha. Buyers ke control mein lagta hai, jis se price mazeed upar ja sakta hai. Aaj bhi price mazeed upar jaane ka irada rakhta hai aur hum kuch zones ko plan kar sakte hain taake buy positions ko open kiya ja sake, jo ke trend movement pattern ke mutabiq buyer ke control mein lagta hai. Mera khayal hai ke price 192.83 ke zone ke qareeb ja sakta hai.
Aakhri raat price 191.67 par ruk gayi kyunki weekend ke liye request band ho gayi. Meri raaye yeh hai ke agle hafte buy position lena trading ka behtareen focus hoga, kyunki GBP/JPY request par buyers ka asar ab bhi kaafi dominant hai. Mujhe lagta hai ke agle bullish trip mein candlestick 192.47 ki price range ko test karne ke liye phir se upar ja sakti hai. Pichle dino ka bullish trip agle hafte bhi jaari rehne ki achi sambhavna rakhta hai. Shayed hafte ki shuruaat par candlestick thodi correction dikha sakti hai, jo Monday se Tuesday tak ho sakta hai.
Mujhe lagta hai ke candlestick behtar bullish trend ki taraf move karegi jab hafte ka darmiyan aayega. Meri tawaqqo yeh hai ke price ab bhi upward movement ki taraf hai taake buyers ke target ki taraf barh sake. Agle hafte mujhe lagta hai ke price ke paas upar ki taraf jaane ki achi sambhavna hai aur wo 192.47 ki position ko test karna chahti hai.

Japan (BoJ) ne apna interest rate 0.25% par barqarar rakha, jo ke aik ihtiyaati approach ko zahir karta hai jabke policymakers mazeed wazeh economic recovery ke indicators ka intezar kar rahe hain. Is faislay ka asar Japanese yen ki qeemat par hota hai, kyunke stable interest rate ka matlab hai ke BoJ abhi tak monetary policy ko tighten karne ke liye tayar nahi hai jabke mulk ko ab bhi kuch economic challenges ka samna hai. Analysts khas tor par Japan ke inflation data aur employment figures ko ghaur se dekh rahe hain, kyunke yeh BoJ ke stance mein tabdeeli ka ishara de sakti hain. Doosri taraf, UK Retail Sales data bhi qareebi taur par dekha ja raha hai. Agar retail performance mazboot raha, toh British pound ko support milegi, jo ke consumer confidence aur economic strength ko zahir karega, lekin agar figures disappoint karti hain, toh currency par downward pressure aasakta hai. Europe mein chalte huye geopolitical tensions aur global economic growth ke hawalay se badhta hua uncertainty, market sentiment ko aur bhi mushkil bana raha hai, jis ki wajah se GBP/JPY mein fluctuations dekhne ko mil rahi hain. Technical chart ko dekhte huye, GBP/JPY upward movement ke liye ek naazuk position mein nazar aa raha hai. Japan se aham data release hone ke baad, yeh asset ab retrace kar raha hai. H4 chart ka analysis yeh dikha raha hai ke pair ne local resistance level 189.10 ko break kiya, jo ke pehle aik rukawat tha. Magar agar hum daily aur H4 charts ka bara view dekhein, toh 189.10 se 191.24 ka zone aik significant resistance area hai. Bullish momentum tabhi qaim ho sakti hai jab price na sirf 191.24 ko break kare, balkay uske upar trading bhi sustain kare. Chand haftay pehle asset ne yeh resistance breach karne ki koshish ki thi aur aik daily white candle banayi thi. Magar, is bullish koshish ke baad aik bearish engulfing pattern bana, jo ke market sentiment mein selling ke taraf tabdeeli ko zahir karta hai. Is development ne aik bearish trend ko shuru kiya jo ke price ko local support zone ke qareeb 183.13 tak le aaya. Key technical indicators ko bhi ghaur se dekhna zaroori hai. Relative Strength Index (RSI) oversold territory ke qareeb hai, jo ke yeh hint deta hai ke zyada downside limited ho sakti hai, jabke moving averages ek potential bearish crossover ka ishara kar rahe hain, jo seller dominance ko mazid barhata hai. Iske ilawa, Fibonacci retracement levels yeh batate hain ke next major support around 182.50 par hai, jo buyers ke liye 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 activityClick image for larger version

GBP/JPY

GBP/JPY H4 Time Frame Analysis: Bullish Rally aur Trading Opportunities
Wednesday ko GBP/JPY pair ne H4 time frame par ek zabardast rally ka muzahira kiya, jo ek strong upward movement thi, jisme critical resistance level 191.00 ka kamiyab breach dekha gaya. Yeh bullish momentum traders ke liye khaas dilchaspi ka nuqta bana hua hai, kyunke yeh na sirf British Pound ki strength ko Japanese Yen ke muqable mein confirm karta hai, balki ek potential trend shift ko bhi signify karta hai. 191.00 par breakout is liye khaas ahmiyat rakhta hai kyunke yeh resistance level kaafi arsay se mazboot bana hua tha, aur traders is barrier ko ghoor se dekh rahe thay.

Is breakout ke baad, price aage barhti gayi aur 192.00 level ko ek naye support zone mein tabdeel kar diya. Yeh shift jo pehle resistance tha ab support ban gaya, is baat ka indication hai ke bulls zyada momentum hasil kar rahe hain aur market sentiment increasingly bullish hota ja raha hai. Price ne apni position barqarar rakhi, jo yeh dikhata hai ke yeh breakout false move nahi tha, balki ek sustained bullish pressure ka nishan tha. Is wajah se, ab traders 192.00 level ko ek critical area ke tor par dekhenge, jo current upward trend ko maintain karne ke liye zaroori hai.

Aage barhtay hue, yeh advance ne ek higher low set kiya hai 189.80 par, jo ek technical tor par khaas development hai. Higher low ka matlab yeh hota hai ke market ab ek uptrend mein hai aur har retracement pehla se zyada support hasil kar raha hai. Yeh higher highs aur higher lows ka pattern ek classic indicator hota hai bullish trend ka, jo reinforce karta hai ke GBP/JPY qareebi waqt mein mazeed gains ke liye tayar hai.

Aane walay dinon mein, agla major resistance zone 193.50 aur phir 194.00 par hoga. Agar pair in levels ko break karta hai, toh yeh zyada higher targets ke darwaze khol sakta hai. Doosri taraf, agar pair 192.00 support se neeche girta hai, toh yeh ek potential reversal ya consolidation ka signal ho sakta hai agle move se pehle. Economic data aur central bank policies ko closely monitor karna zaroori hoga, kyunke yeh factors pair ki direction ko asar andaz kar sakte hain.

Akhir mein, GBP/JPY pair par strong breakout ne market sentiment ko shift kiya hai, 192.00 level ko ek critical support mein tabdeel karte hue, aur 189.80 par ek naya higher low set kiya hai. Yeh price action is baat ka ishara deta hai ke bulls control mein hain, aur agar pair apne support levels ko barqarar rakhta hai aur agle resistance zones ko break karta hai, toh mazeed bullish momentum ke imkanaat hain. Traders ko key technical levels aur significant fundamental developments par nazar rakhni chahiye taake potential trading opportunities ka faida utha sakein.

Japan (BoJ) ne apna interest rate 0.25% par barqarar rakha, jo ke aik ihtiyaati approach ko zahir karta hai jabke policymakers mazeed wazeh economic recovery ke indicators ka intezar kar rahe hain. Is faislay ka asar Japanese yen ki qeemat par hota hai, kyunke stable interest rate ka matlab hai ke BoJ abhi tak monetary policy ko tighten karne ke liye tayar nahi hai jabke mulk ko ab bhi kuch economic challenges ka samna hai. Analysts khas tor par Japan ke inflation data aur employment figures ko ghaur se dekh rahe hain, kyunke yeh BoJ ke stance mein tabdeeli ka ishara de sakti hain. Doosri taraf, UK Retail Sales data bhi qareebi taur par dekha ja raha hai. Agar retail performance mazboot raha, toh British pound ko support milegi, jo ke consumer confidence aur economic strength ko zahir karega, lekin agar figures disappoint karti hain, toh currency par downward pressure aasakta hai. Europe mein chalte huye geopolitical tensions aur global economic growth ke hawalay se badhta hua uncertainty, market sentiment ko aur bhi mushkil bana raha hai, jis ki wajah se GBP/JPY mein fluctuations dekhne ko mil rahi hain. Technical chart ko dekhte huye, GBP/JPY upward movement ke liye ek naazuk position mein nazar aa raha hai. Japan se aham data release hone ke baad, yeh asset ab retrace kar raha hai. H4 chart ka analysis yeh dikha raha hai ke pair ne local resistance level 189.10 ko break kiya, jo ke pehle aik rukawat tha. Magar agar hum daily aur H4 charts ka bara view dekhein, toh 189.10 se 191.24 ka zone aik significant resistance area hai. Bullish momentum tabhi qaim ho sakti hai jab price na sirf 191.24 ko break kare, balkay uske upar trading bhi sustain kare. Chand haftay pehle asset ne yeh resistance breach karne ki koshish ki thi aur aik daily white candle banayi thi. Magar, is bullish koshish ke baad aik bearish engulfing pattern bana, jo ke market sentiment mein selling ke taraf tabdeeli ko zahir karta hai. Is development ne aik bearish trend ko shuru kiya jo ke price ko local support zone ke qareeb 183.13 tak le aaya. Key technical indicators ko bhi ghaur se dekhna zaroori hai. Relative Strength Index (RSI) oversold territory ke qareeb hai, jo ke yeh hint deta hai ke zyada downside limited ho sakti hai, jabke moving averages ek potential bearish crossover ka ishara kar rahe hain, jo seller dominance ko mazid barhata hai. Iske ilawa, Fibonacci retracement levels yeh batate hain ke next major support around 182.50 par hai, jo buyers ke liye 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 activityClick image for larger version