Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.227
Buy
RSI(14)
54.247
Neutral
STOCH(KDJ)(9,3,3)
62.250
Neutral
ATR(14)
0.860
High Vlolatility
CCI(14)
36.896
Neutral
Williams %R
36.611
Buy
TRIX(12,20)
0.024
Sell
StochRSI(14)
41.158
Buy
Search
GBP/JPY
Add to Watchlist
216.484
+0.103+0.05%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
+0.05%
5 Days
-0.14%
1 Month
+2.18%
6 Months
+2.95%
Year to Date
+2.52%
1 Year
+9.22%
Key Data Points
Opening Price
216.267Previous Closing Price
216.381Recent
Analysis
British Pound edges higher as fiscal risks and rate gap weigh on Yen
The GBP/JPY cross edges higher on Tuesday, though it lacks bullish conviction and remains confined within a familiar range held over the past week or so. Spot prices currently trade around mid-216.00s amid a broadly weaker Japanese Yen (JPY).
Fxstreet11 hours ago
GBP/JPY Price Forecast: 217.00 caps bulls as RSI fades
GBP/JPY trades flattish for the third straight day as buyers have failed to decisively crack the 217.00 level, which could open the door to further upside. This pushed the cross-pair to the mid-point of the trading range of 216.08-216.85,
Fxstreet21 hours ago
Pound Sterling retreats as Japanese Yen attracts modest buying
GBP/JPY trades on the back foot on Monday as the Japanese Yen (JPY) strengthens against its major peers. The Pound Sterling (GBP), meanwhile, lacks a fresh domestic catalyst as UK markets remain closed for the Summer Bank Holiday.
FxstreetMon, Aug 31
British Pound edges higher despite delaying BoE rate hike expectations
GBP/USD inches higher after two days of losses, trading around 1.3600 during the Asian hours on Friday. However, the British Pound (GBP) may encounter headwinds as recent declines in Brent crude oil prices ease immediate inflation concerns.
FxstreetFri, Aug 28
GBP/JPY Price Forecast: Momentum cools as cross holds above key support
GBP/JPY trades broadly flat on Thursday after Wednesday’s modest pullback ended a four-day winning streak. At the time of writing, the cross trades around 216.45, with momentum indicators suggesting limited buying interest.
FxstreetThu, Aug 27
British Pound finds support near weekly low as fiscal woes and rate gap weigh on Yen
The GBP/JPY cross recovers a few pips from the vicinity of the weekly trough, though it lacks follow-through buying and trades around mid-216.00s during the early European session on Thursday.
FxstreetThu, Aug 27
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.
Buy
Moving Average
Indicators
Value
Direction
MA5
216.491
Sell
MA10
216.519
Sell
MA20
215.553
Buy
MA50
215.932
Buy
MA100
214.998
Buy
MA200
212.822
Buy
GBP/JPY Trading Strategy
Intraday
Short Term
Trading Strategy
The configuration is positive.
Alternative scenario
below 216.44, expect 216.17 and 216.01.
Comment
The upside prevails as long as 216.44 is support, with 217.05 and 217.21 as targets
8 hours ago
Source: Trading Central(Reference Only)
More Details of 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.
Related Instruments
Popular Instruments
52758.400
-470.300 (-0.88%)
29045.000
-422.900 (-1.44%)
7626.800
-63.300 (-0.82%)
14670.000
+6.000 (+0.04%)
64802.000
-1000.000 (-1.52%)
6343.900
-63.400 (-0.99%)
90.071
+4.142 (+4.82%)
325.450
+8.600 (+2.71%)
217.300
-3.480 (-1.58%)
4331.910
-115.300 (-2.59%)