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GBP/JPY

GBPJPY
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210.111
-0.006-0.00%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.00%

5 Days

-0.34%

1 Month

+0.86%

6 Months

-2.58%

Year to Date

-0.49%

1 Year

+3.37%

Key Data Points

Opening Price

210.005

Previous Closing Price

210.117
Price Range of the Day
210.005210.137
52-Week Price Range
199.057219.601

GBP/JPY Trading Strategy

Intraday
Short Term
The downside prevails as long as 210.59 is resistance, with 209.38 and 209.10 as targets

Trading Strategy

The downside prevails as long as 210.59 is resistance, with 209.38 and 209.10 as targets

Alternative scenario

above 210.59, look for 211.07 and 211.35.

Comment

The downside prevails as long as 210.59 is resistance, with 209.38 and 209.10 as targets

2 hours ago
Source: Trading Central(Reference Only)
Recent
Analysis
British Pound gains against Japanese Yen ahead of UK Budget

The British Pound (GBP) underperforms its major currency peers, except the Japanese Yen (JPY), on Tuesday. Against the Japanese currency, the Pound Sterling is up 0.18% to near 210.30.

Fxstreet15 hours ago
GBP/JPY Price Forecast: Bulls eye 211.10 as bearish trend persists

The GBP/JPY rises over 0.20% on Monday as market sentiment is positive amid a potential de-escalation of the Middle East conflict and US equity markets trading in the green, with Anthropic, an AI company, filing for an IPO. The cross-pair trades above 210.00, after testing six-day lows of 209.13.

FxstreetMon, Oct 26
Japanese Yen lags British Pound ahead of UK Budget and BoJ decision

GBP/JPY posts modest gains on Monday as the Japanese Yen (JPY) underperforms its major peers. However, price action remains largely range-bound as traders brace for key events this week, including the UK Budget and the Bank of Japan’s (BoJ) monetary policy announcement.

FxstreetMon, Oct 26
British Pound attracts bids despite soft UK Retail Sales data

The British Pound (GBP) rises to near 210.20 against the Japanese Yen (JPY) after the release of the United Kingdom (UK) Retail Sales data for September.

FxstreetFri, Oct 23
British Pound weakens against Japanese Yen as latter outperforms

The British Pound (GBP) is down 0.5% at around 210.30 against the Japanese Yen (JPY) during the European session on Thursday. The cross faces selling pressure as the Japanese currency outperforms even as the Bank of Japan (BoJ) is expected to leave interest rates unchanged at 1.25% next week.

FxstreetThu, Oct 22
GBP/JPY Price Forecast: Doji tests bulls’ resolve below 212.00

GBP/JPY goes nowhere on Wednesday, trading around 211.77 as neither buyers nor sellers can provide direction, following the break of the 50-day Simple Moving Average (SMA) at 211.34 towards the close of the October 20 session.

FxstreetWed, Oct 21

Indicators

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.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Sell
Sell(6)
Neutral(5)
Buy(2)
Indicators
Sell(1)
Neutral(5)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
0.300
Neutral
RSI(14)
49.996
Neutral
STOCH(KDJ)(9,3,3)
48.257
Neutral
ATR(14)
1.234
High Vlolatility
CCI(14)
13.565
Neutral
Williams %R
48.998
Neutral
TRIX(12,20)
0.015
Sell
StochRSI(14)
21.250
Buy
Moving Average
Sell(5)
Neutral(0)
Buy(1)
Indicators
Value
Direction
MA5
210.333
Sell
MA10
210.313
Sell
MA20
209.705
Buy
MA50
210.911
Sell
MA100
213.177
Sell
MA200
212.839
Sell

About GBP/JPY

The GBPJPY, also known as the “Sterling Yen,” is a currency pair that represents the British Pound (GBP) and the Japanese Yen (JPY). It is one of the many currency pairs traded in the foreign exchange (Forex) market. The GBPJPY is known for its volatility and is often favored by traders looking for high levels of liquidity and the potential for significant price movements. This pair is influenced by various factors, including economic indicators, political events, and interest rate differentials between the United Kingdom and Japan.

How do interest rates affect the GBPJPY?

The GBPJPY is considered volatile due to the differences in economic and monetary policies between the UK and Japan, as well as the high trading volume and liquidity in this pair. These factors can lead to rapid and significant price movements.

Can I trade GBPJPY around the clock?

Yes, the GBPJPY is part of the global foreign exchange market, which operates 24 hours a day, five days a week. However, trading volumes and liquidity can vary throughout the day. The most active trading hours for GBPJPY are when both the London and Tokyo sessions overlap, which typically provides the best liquidity and can lead to the most significant price movements.

Why is the GBPJPY considered a volatile currency pair

The GBPJPY is considered volatile due to the differences in economic and monetary policies between the UK and Japan, as well as the high trading volume and liquidity in this pair. These factors can lead to rapid and significant price movements.

Is GBPJPY (GBPJPY) a safe investment?

No investment is completely risk-free. The risk level of GBPJPY (GBPJPY) depends on its underlying assets, strategy, liquidity, fees, and market conditions. Diversification may reduce potential losses but cannot eliminate them, and past performance does not guarantee future results. Before investing, consider whether the fund aligns with your goals and risk tolerance. This is not investment advice.

GBP/JPY

210.111
-0.006-0.00%
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