GBP/JPY technical analysis
Technical analysis of GBP/JPY (forex) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is GBP/JPY
GBP/JPY is a currency pair in the foreign exchange market that represents the exchange rate between the British pound and the Japanese yen. This financial instrument allows trading on the relative movements between the two currencies.
Description generated automatically from public sources; it may be inaccurate or out of date.
GBP/JPY: latest session data
Closing values for October 20, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
209.40 $
+1.15%
50 sessions
210.98 $
+0.39%
200 sessions
212.90 $
−0.52%
Session levels
s2
210.24
Support
s1
210.61
Support
pivot
211.16
Pivot
r1
211.53
Resistance
r2
212.08
Resistance
How to read it
In the October 20, 2026 session GBP/JPY closed higher at 211.80 $, +0.39% versus the previous session.
The price sits mixed against its moving averages: +1.15% against the 21-session average, +0.39% against the 50 and −0.52% against the 200.
The 14-period RSI reads 61.0, in neutral territory.
MACD stands at 0.129 against a signal line at -0.280: the histogram is positive (+0.409).
ADX reads 15.9, indicating weak directionality.
Levels computed on the latest session place supports at 210.61 and 210.24 $ and resistances at 211.53 and 212.08 $, around a pivot of 211.16.
The average daily range (ATR) is 1.378 $, or 0.65% of price.
Over the last twelve months the price ranged between 206.85 and 219.52 $, and today stands −3.51% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about GBP/JPY
How is GBP/JPY analysed technically?
Technical analysis of GBP/JPY is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for GBP/JPY?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to GBP/JPY?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to GBP/JPY it helps frame the technical structure of the historical chart and is not a forecast.
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Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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