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GBP/JPY

GBPJPY
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208.323

-1.616-0.77%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.77%

5 Days

-0.84%

1 Month

-4.08%

6 Months

-2.24%

Year to Date

-1.34%

1 Year

+4.24%

Key Data Points

Opening Price

209.763

Previous Closing Price

209.939
Price Range of the Day
207.996209.973
52-Week Price Range
197.482219.601

GBP/JPY Trading Strategy

Intraday
Short Term
The downside prevails as long as 208.86 is resistance, with 207.38 and 207.00 as targets

Trading Strategy

The downside prevails as long as 208.86 is resistance, with 207.38 and 207.00 as targets

Alternative scenario

above 208.86, look for 209.50 and 209.88.

Comment

The downside prevails as long as 208.86 is resistance, with 207.38 and 207.00 as targets

8 hours ago
Source: Trading Central(Reference Only)
Recent
Analysis
British Pound trades lower against Japanese Yen amid intervention fears

The British Pound (GBP) recovers some of its early losses against the Japanese Yen (JPY) during the European trading session on Friday, but is still down around 0.17% to near 209.45.

Fxstreet19 hours ago
Japanese Yen weakness lifts British Pound as wide interest-rate gap bites

GBP/JPY rebounds on Thursday, supported mainly by broad-based weakness in the Japanese Yen (JPY) rather than strength in the British Pound (GBP), as traders assess the monetary policy outlooks of the Bank of Japan (BoJ) and the Bank of England (BoE).

FxstreetThu, Sep 24
GBP/JPY Price Forecast: Bears press 209.00 as downtrend deepens

The GBP/JPY extended its losses to two straight trading sessions, down over 0.17% and trading near the week's lows, with 209.40 seen as the first support level before sellers push prices lower.

FxstreetWed, Sep 23
British Pound holds steady against Japanese Yen after mixed UK PMIs

GBP/JPY trades around 209.90 on Wednesday at the time of writing, virtually unchanged on the day with a modest 0.05% decline.

FxstreetWed, Sep 23
British Pound remains on the front foot amid BoJ-inspired Yen weakness

The GBP/JPY cross scales higher for the third consecutive day – also marking the sixth day of a move up in the previous seven – and trades around the 210.75-210.80 region during the early European session on Tuesday.

FxstreetTue, Sep 22
GBP/JPY Price Forecast: Momentum stabilizes, but lacks bullish conviction

GBP/JPY edges higher on Monday as the Japanese Yen (JPY) remains under pressure across the board in thin trading conditions. Japanese markets are closed until Wednesday for the country’s Silver Week holidays.

FxstreetMon, Sep 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(10)
Neutral(3)
Buy(0)
Indicators
Sell(4)
Neutral(3)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
0.314
Neutral
RSI(14)
36.294
Neutral
STOCH(KDJ)(9,3,3)
39.251
Sell
ATR(14)
1.461
Low Volatility
CCI(14)
-14.417
Neutral
Williams %R
70.431
Sell
TRIX(12,20)
-0.116
Sell
StochRSI(14)
0.000
Sell
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
209.599
Sell
MA10
209.264
Sell
MA20
210.126
Sell
MA50
213.496
Sell
MA100
214.099
Sell
MA200
213.032
Sell

About GBP/JPY

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.

GBP/JPY

208.323
-1.616-0.77%
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