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GBP/JPY

GBPJPY
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211.861
-0.335-0.16%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.16%

5 Days

-0.75%

1 Month

+1.20%

6 Months

-0.91%

Year to Date

+0.34%

1 Year

+4.52%

Key Data Points

Opening Price

212.199

Previous Closing Price

212.196
Price Range of the Day
211.666212.206
52-Week Price Range
202.335219.601

GBP/JPY Trading Strategy

Intraday
Short Term
Rebound above 211.50 towards 212.86

Trading Strategy

Rebound above 211.50 towards 212.86

Alternative scenario

below 211.50, expect 211.00 and 210.70.

Comment

Rebound above 211.50 towards 212.86

2 hours ago
Source: Trading Central(Reference Only)
Recent
Analysis
British Pound moves little after UK GDP as intervention risks support Yen

The GBP/JPY cross reverses a modest intraday dip, climbing back to the 212.00 mark during the early European session on Thursday, though it remains confined within a range held over the past week or so.

Fxstreet3 hours ago
GBP/JPY Price Forecast: Bullish harami tests 213.00 resistance

The GBP/JPY trades choppily despite posting gains of 0.17% on Wednesday, with price action remaining within Tuesday’s daily range of 211.44-212.65, indicating that a potential ‘bullish harami’ or inside day pattern is forming near a key resistance area.

Fxstreet15 hours ago
British Pound turns lower as bulls shrug hawkish BoE; downside seems limited vs weak Yen

The GBP/JPY cross attracts fresh sellers following an intraday uptick to the 212.15-212.20 area on Wednesday, retreating to the lower end of its daily range during the first half of the European session.

FxstreetWed, Nov 11
GBP/JPY Price Forecast: SMA resistance stalls bulls near 213.00

The GBP/JPY falls by about 0.22% as the US Dollar strengthens on hawkish comments from Federal Reserve (Fed) officials, boosting safe-haven currencies like the Japanese Yen against the Pound Sterling. The cross trades at 211.78.

FxstreetTue, Nov 10
GBP/JPY Price Forecast: British Pound faces a cluster of resistance near 213

GBP/JPY trades with a modest bullish bias on Tuesday but struggles to build on the previous day’s 0.32% gain. At the time of writing, the cross trades around 212.44, up 0.09% on the day, with the 100-day and 200-day Simple Moving Averages (SMAs) near 213.00 capping the immediate upside.

FxstreetTue, Nov 10
British Pound advances to mid-212.00s vs Yen as hawkish BoE meets weak Japanese data

The GBP/JPY cross attracts buyers for the second straight day and advances to mid-212.00s during the first half of the European session on Tuesday amid a combination of supporting factors.

FxstreetTue, Nov 10

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
Sell
Sell(7)
Neutral(2)
Buy(4)
Indicators
Sell(3)
Neutral(2)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
0.142
Buy
RSI(14)
54.749
Neutral
STOCH(KDJ)(9,3,3)
48.221
Sell
ATR(14)
1.147
High Vlolatility
CCI(14)
34.580
Neutral
Williams %R
43.560
Buy
TRIX(12,20)
0.051
Sell
StochRSI(14)
22.355
Sell
Moving Average
Sell(4)
Neutral(0)
Buy(2)
Indicators
Value
Direction
MA5
211.960
Sell
MA10
212.105
Sell
MA20
211.343
Buy
MA50
209.960
Buy
MA100
212.930
Sell
MA200
212.819
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

211.861
-0.335-0.16%
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