
Technical analysis of GBP/JPY (forex) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
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Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 1, 2026, computed on the last 12 months of prices.
21 sessions
215.35 $
−0.42%
50 sessions
216.01 $
−0.73%
200 sessions
212.89 $
+0.73%
s2
216.08
Support
s1
216.25
Support
pivot
216.54
Pivot
r1
216.71
Resistance
r2
217.00
Resistance
In the September 1, 2026 session GBP/JPY closed lower at 214.44 $, −0.92% versus the previous session.
The price sits mixed against its moving averages: −0.42% against the 21-session average, −0.73% against the 50 and +0.73% against the 200.
The 14-period RSI reads 41.1, in neutral territory.
MACD stands at 0.144 against a signal line at 0.161: the histogram is negative (−0.017).
ADX reads 18.2, indicating weak directionality.
Levels computed on the latest session place supports at 216.25 and 216.08 $ and resistances at 216.71 and 217.00 $, around a pivot of 216.54.
The average daily range (ATR) is 1.288 $, or 0.60% of price.
Over the last twelve months the price ranged between 209.60 and 219.52 $, and today stands −2.31% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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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.
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.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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