Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.191
Neutral
RSI(14)
35.715
Neutral
STOCH(KDJ)(9,3,3)
20.878
Sell
ATR(14)
1.396
High Vlolatility
CCI(14)
-69.929
Neutral
Williams %R
77.909
Sell
TRIX(12,20)
-0.107
Sell
StochRSI(14)
0.000
Oversold
Search
GBP/JPY
Add to Watchlist
208.040
-0.491-0.23%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
-0.23%
5 Days
-1.04%
1 Month
-3.89%
6 Months
-2.01%
Year to Date
-1.47%
1 Year
+4.05%
Key Data Points
Opening Price
208.562Previous Closing Price
208.531GBP/JPY Trading Strategy
Intraday
Short Term
Trading Strategy
The downside prevails as long as 209.05 is resistance, with 206.98 and 206.62 as targets
Alternative scenario
above 209.05, look for 209.66 and 210.02.
Comment
The downside prevails as long as 209.05 is resistance, with 206.98 and 206.62 as targets
5 hours ago
Source: Trading Central(Reference Only)
Recent
Analysis
GBP/JPY Price Forecast: Sellers retain control near September low
GBP/JPY trades lower on Tuesday as the Japanese Yen (JPY) outperforms its major peers, supported by growing concerns that Japanese authorities could intervene in the currency market again. At the time of writing, the cross trades around 208.20, approaching September’s low near 207.
Fxstreet4 hours ago
GBP/JPY Price Forecast: Trendline caps recovery as range holds
The Pound-Yen cross-pair finds support near 207.60 and bounces towards a daily high of 208.99 before settling at around 208.66, gaining 0.14%.
Fxstreet17 hours ago
GBP: Shorts at highs as Pound tracks Oil-led USD rally – Rabobank
Rabobank highlights that GBP net short positions have risen over 40%, reaching their highest level since August. The Bank of England kept the Bank Rate unchanged at 3.75% on September 18, in line with expectations.
FxstreetMon, Sep 28
British Pound hits two-week low vs firmer Yen amid BoJ rate hike bets, intervention risks
The GBP/JPY cross attracts fresh sellers following an intraday uptick to the 209.00 neighborhood and drops to a two-week low during the first half of the European session on Monday.
FxstreetMon, Sep 28
GBP/JPY Price Forecast: Pound dives below 208.00 following rejection at 209.00
The British Pound (GBP) extends losses against the Japanese Yen (JPY) on Monday, following a mild recovery attempt earlier in the day.
FxstreetMon, Sep 28
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.
FxstreetFri, Sep 25
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.
Sell
Moving Average
Indicators
Value
Direction
MA5
208.872
Sell
MA10
209.193
Sell
MA20
209.313
Sell
MA50
213.099
Sell
MA100
213.993
Sell
MA200
213.020
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.
