Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.262
Neutral
RSI(14)
51.218
Neutral
STOCH(KDJ)(9,3,3)
45.063
Neutral
ATR(14)
1.226
High Vlolatility
CCI(14)
8.457
Neutral
Williams %R
45.946
Neutral
TRIX(12,20)
0.016
Sell
StochRSI(14)
100.000
Buy
Search
GBP/JPY
Add to Watchlist
210.203
-0.107-0.05%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
-0.05%
5 Days
-0.66%
1 Month
+0.90%
6 Months
-2.56%
Year to Date
-0.45%
1 Year
+3.11%
Key Data Points
Opening Price
210.041Previous Closing Price
210.310GBP/JPY Trading Strategy
Intraday
Short Term
Trading Strategy
The downside prevails as long as 210.59 is resistance, with 209.38 and 209.10 as targets
Alternative scenario
above 210.59, look for 211.07 and 211.35.
Comment
The downside prevails as long as 210.59 is resistance, with 209.38 and 209.10 as targets
2 hours ago
Source: Trading Central(Reference Only)
Recent
Analysis
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.
Fxstreet11 hours ago
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.
Fxstreet15 hours ago
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
Japanese Yen lags British Pound ahead of UK Budget and BoJ decision
GBP/JPY posts modest gains on Monday as the Japanese Yen (JPY) underperforms its major peers. However, price action remains largely range-bound as traders brace for key events this week, including the UK Budget and the Bank of Japan’s (BoJ) monetary policy announcement.
FxstreetMon, Oct 26
British Pound attracts bids despite soft UK Retail Sales data
The British Pound (GBP) rises to near 210.20 against the Japanese Yen (JPY) after the release of the United Kingdom (UK) Retail Sales data for September.
FxstreetFri, Oct 23
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.
Neutral
Moving Average
Indicators
Value
Direction
MA5
210.041
Buy
MA10
210.460
Sell
MA20
209.783
Buy
MA50
210.814
Sell
MA100
213.135
Sell
MA200
212.829
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.
