GBP/JPY MA’s

GBP/JPY closed at 142.29 and now approaches an important break point at 142.35 then comes 143.39. The 18 year mid point is located at 156.65. From the 5 year average at 159.50 to 140.45 lows, the mid point is located at 149.97. GBP/JPY should see good moves in the upcoming weeks.

 

GBP/JPY close 142.29

XXX average = 142.35, = Special designed average

81 day average = 143.39

GBP/JPY close 142.29

337 day = 140.45

595 = 156.76

850 = 163.10

1105 = 162.81

1360 = 157.37

1616 = 152.29

1875 = 149.52

2132 = 149.29

2387 = 151.17

2643 = 158.35

2897 = 164.21

3153 = 167.33

3412 = 169.73

3669 = 171.27

3924 = 172.38

4178 = 172.86

4432 = 172.39

4689 = 172.57

4787 = 172.97

 

Brian Twomey

GBP/CHF MA’s

 

Following are MA’s from 81 day to 4787 day. The 18 year mid point is located at 1.5871. From the 5 year average at 1.4179 to 1.2458, the Mid Point is located at 1.3318. The signal inside current price remains highly elevated and it means a move is coming. A move means the current range cannot hold and must break out.

Most central banks employ stimulus to buy their own assets, bonds and FX but not the SNB as they buy and sell other nations assets, bonds and FX. This methodology contains on purpose CHF.  While highlighted here is GBP/CHF, all pairs containing CHF are experiencing the same Signal / Range problem. The SNB has always been a smart central bank but if smart means containment of CHF prices then so be it as the SNB could care less about CHF traders. When the SNB stops the purchases and comes to their senses or the market imposes their will on CHF then CHF will see a move like nobody ever saw.

What the averages reveal from overall currency pairs is how low and beaten down are prices due to the 2008 crisis. Worse is prices never recovered, 9 years later and against all the faulty stimulus experiments. Possibly, low and beaten down was the overall plan.

81 day = 1.2474

XXX = 1.2464 = Special designed MA

GBP/CHF close 1.2458

338 day = 1.2689

596 = 1.2518

851 = 1.2941

1106 = 1.4099

1360 = 1.4235

1617 = 1.4211

1876 = 1.4390

2133 = 1.4693

2388 = 1.5093

2643 = 1.5836

2897 = 1.6517

3154 = 1.7024

3413 = 1.7440

3670 = 1.7793

3925 = 1.8104

4178 = 1.8467

4432 = 1.8835

4690 = 1.9190

4787 = 1.9279 = Jan 1, 1999

 

Brian Twomey

GBP/USD MA’s

Following are GBP/USD MA’s from 81 day to 4787 day. Most vital break points over next days and weeks are 1.2925 and 1.2908.  Currently price is far overbought from break points. The historic 18 year mid point is located at 1.4716. From the 5 year average at 1.4936 to 1.2908 lows, the Mid point is located at 1.3922. GBP/USD 1.2900’s provide massive supports from averages 10 to 100 and range from 1.2995 to 1.2924.

81 day = 1.2925

XX = 1.2908 = Special MA

338 day = 1.2880

GBP/USD current close 1.3196

596 = 1.3792

851 = 1.4432

1106 = 1.4810

1360 = 1.4979

1617 = 1.5128

1876 = 1.5208

2133 = 1.5304

2388 = 1.5442

2643 = 1.5888

2897 = 1.6174

3154 = 1.6302

3413 =1.6475

3670 = 1.6524

3925 = 1.6465

4178 = 1.6337

4432 = 1.6239

4690 = 1.6228

4787 = 1.6229 = Jan 1, 1999

 

Brian Twomey