209.320
Today
-0.05%
5 Days
+0.27%
1 Month
+0.85%
6 Months
-2.22%
Year to Date
-0.88%
1 Year
+3.90%
Opening Price
209.352Previous Closing Price
209.402
The downside prevails as long as 209.77 is resistance, with 208.45 and 208.08 as targets
above 209.77, look for 210.39 and 210.75.
The downside prevails as long as 209.77 is resistance, with 208.45 and 208.08 as targets
The British Pound (GBP) trades marginally lower against the Japanese Yen (JPY) at around 209.25 during the late Asian trade on Tuesday.
The British Pound (GBP) extends gains for the second consecutive day on Monday, as concerns about the high Japanese public debt and rising Oil prices keep the Japanese Yen (JPY) on its back foot.
The GBP/JPY cross attracts some follow-through buyers at the start of a new week, climbing back closer to the 210.00 psychological mark during the early European session amid a combination of supporting factors.
GBP/JPY trades with a mild positive bias on Friday as the Japanese Yen (JPY) underperforms across the board. A pause in the global bond sell-off has pushed government bond yields lower, with Japanese yields falling more sharply than their UK counterparts.
The GBP/JPY cross extends its recovery move from the weekly low, around the 208.20-208.15 region touched the previous day, and gains strong follow-through traction on Friday.
The GBP/JPY seesaws on Thursday, poised to end the session unchanged at 208.87, after prices traveled from the low of the day (LOD) of 208.20, towards a daily high of 209.40, before settling at around current levels.
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.
