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GBP/JPY

GBPJPY
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211.059
+0.152+0.07%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.07%

5 Days

-0.34%

1 Month

+1.21%

6 Months

-2.14%

Year to Date

-0.04%

1 Year

+4.58%

Key Data Points

Opening Price

210.808

Previous Closing Price

210.907
Price Range of the Day
210.782211.076
52-Week Price Range
199.057219.601

GBP/JPY Trading Strategy

Intraday
Short Term
The upside prevails as long as 210.62 is support, with 211.73 and 212.04 as targets

Trading Strategy

The upside prevails as long as 210.62 is support, with 211.73 and 212.04 as targets

Alternative scenario

below 210.62, expect 210.10 and 209.79.

Comment

The upside prevails as long as 210.62 is support, with 211.73 and 212.04 as targets

3 hours ago
Source: Trading Central(Reference Only)
Recent
Analysis
GBP/JPY Price Forecast: Bulls reclaim 50-day SMA, eye 213.00

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.

Fxstreet6 minutes ago
Japanese Yen weakens against Pound Sterling as BoJ decision looms

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.

Fxstreet10 hours ago
British Pound trades lower ahead of UK budget announcement

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.

FxstreetWed, Oct 28
British Pound: Weaker GBP may help revive inflows - BNY

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.

FxstreetWed, Oct 28
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.

FxstreetTue, Oct 27
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

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
Buy
Sell(3)
Neutral(4)
Buy(6)
Indicators
Sell(1)
Neutral(4)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
0.303
Neutral
RSI(14)
54.888
Neutral
STOCH(KDJ)(9,3,3)
53.882
Neutral
ATR(14)
1.232
High Vlolatility
CCI(14)
56.648
Neutral
Williams %R
29.482
Buy
TRIX(12,20)
0.018
Sell
StochRSI(14)
100.000
Buy
Moving Average
Sell(2)
Neutral(0)
Buy(4)
Indicators
Value
Direction
MA5
210.215
Buy
MA10
210.582
Buy
MA20
209.901
Buy
MA50
210.698
Buy
MA100
213.099
Sell
MA200
212.815
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

211.059
+0.152+0.07%
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