Facebook never allowed GIF images to show in Timeline. But its now Possible to EMBED GIF images on your Facebook Timeline.
GIPHY is an Animated image Gallery website which helps to add GIF Images on your Facebook timeline. You can use any GIF image and click on Share on Facebook Button to embed it your Facebook wall. When someone click on the Play Button it starts Playing the GIF.
Here is a DEMO.
Actually GIPHY embed a Flash Video with 10-20 frames which look like a Flash. You are wrong if you think that its a Official Facebook rollout, as Facebook has mentioned that “Facebook doesnt not Support GIF Images”.
Try your own from here.