Today
-0.02%
5 Days
+0.39%
1 Month
+1.33%
6 Months
-2.45%
Year to Date
-0.14%
1 Year
+4.65%
Opening Price
210.808Previous Closing Price
210.907
In spite of the current rebound, our pivot threshold at 211.50 has not been hit and our target remains 209.67
above 211.50, look for 212.02 and 212.33.
In spite of the current rebound, our pivot threshold at 211.50 has not been hit and our target remains 209.67
The GBP/JPY cross attracts some dip-buyers near the 210.60-210.55 region on Friday, turning positive for the third straight day and advancing to an over one-week high during the early part of the European session.
The British Pound (GBP) remains almost stable against the Japanese Yen (JPY) at around 210.80 after the Bank of Japan’s (BoJ) monetary policy announcement.
The Pound Sterling rises by over 0.32% against the Japanese Yen as the pair clears the 50-day Simple Moving Average (SMA) of 210.77, putting in play a chance of testing the 211.00 psychological figure.
GBP/JPY holds modest gains on Thursday as the Japanese Yen (JPY) underperforms most of its major peers. Investors assess the UK Autumn Budget and await the Bank of Japan’s (BoJ) monetary policy announcement on Friday. At the time of writing, the cross trades around 210.64, up 0.15% on the day.
The British Pound (GBP) is down 0.17% at around 209.70 against the Japanese Yen (JPY) during the European trading session on Wednesday. The cross is under pressure as the British currency weakens ahead of the United Kingdom (UK) Autumn Forecast Statement.
Geoff Yu at BNY highlights that foreign appetite for United Kingdom (UK) assets is constrained by uncertainty over Bank of England (BoE) tightening and currency swings, even as domestic investors increase Gilt purchases.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
