208.872
Today
+0.15%
5 Days
-0.51%
1 Month
-3.50%
6 Months
-1.08%
Year to Date
-1.09%
1 Year
+5.38%
Opening Price
208.376Previous Closing Price
208.536
The downside prevails as long as 208.73 is resistance, with 207.37 and 207.01 as targets
above 208.73, look for 209.34 and 209.71.
The downside prevails as long as 208.73 is resistance, with 207.37 and 207.01 as targets
The British Pound (GBP) consolidates against the Japanese Yen (JPY), which is outperforming its currency peers on Friday. At press time, GBP/JPY is flat at around 208.55.
GBP/JPY rebounds sharply on Wednesday as the British Pound (GBP) strengthens across the board following an upward revision to UK economic growth. At the time of writing, the cross trades around 208.65 after recovering from 206.89 earlier in Asian trading hours, the lowest since December 2025.
The British Pound (GBP) is bouncing strongly against the Japanese Yen (JPY) in Wednesday’s early London session, supported by the upward revision of the UK's Gross Domestic Product (GDP) and a positive surprise in the Current Account.
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.
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%.
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.
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.
