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GBP/JPY

GBPJPY
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211.561
-0.691-0.33%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.33%

5 Days

+0.33%

1 Month

+0.83%

6 Months

-0.42%

Year to Date

+0.19%

1 Year

+5.22%

Key Data Points

Opening Price

212.255

Previous Closing Price

212.252
Price Range of the Day
211.173212.448
52-Week Price Range
201.630219.601

GBP/JPY Trading Strategy

Intraday
Short Term
The downside prevails as long as 212.49 is resistance, with 211.07 and 210.78 as targets

Trading Strategy

The downside prevails as long as 212.49 is resistance, with 211.07 and 210.78 as targets

Alternative scenario

above 212.49, look for 212.97 and 213.26.

Comment

The downside prevails as long as 212.49 is resistance, with 211.07 and 210.78 as targets

11 hours ago
Source: Trading Central(Reference Only)
Recent
Analysis
British Pound remains under pressure against Japanese Yen amid risk aversion

GBP/JPY trades with a mild bearish bias on Friday as investors favour the safe-haven Japanese Yen (JPY) over the British Pound (GBP) amid a deepening AI-led stock-market rout.

Fxstreet18 hours ago
British Pound stays pressured vs Yen as risk-off mood counters hawkish BoE

The GBP/JPY cross attracts sellers for the second straight day on Friday, extending this week's retracement slide from the 23.75 region, or a two-month high.

Fxstreet23 hours ago
British Pound trades lower against Japanese Yen ahead of BoE’s policy outcome

The British Pound (GBP) is down 0.16% to near 212.93 against the Japanese Yen (JPY) during the European trading session on Thursday. The cross is under pressure as the British currency trades with caution ahead of the Bank of England’s (BoE) monetary policy announcement at 12:00 GMT.

FxstreetThu, Nov 5
British Pound hits fresh two-month high vs Yen ahead of BoE decision on Thursday

The GBP/JPY cross reverses an intraday dip to the 212.00 neighborhood, hitting a fresh two-month high during the first half of the European session on Wednesday. Spot prices currently trade just below mid-213.00s, up around 0.20% for the day, and seem poised to prolong a one-week-old uptrend.

FxstreetWed, Nov 4
British Pound sits near two-month top, around 212.00 vs Yen as bulls await BoE on Thursday

The GBP/JPY cross trades near a two-month high during the early European session on Tuesday, with bulls awaiting sustained strength and acceptance above the 212.00 mark before positioning for further gains.

FxstreetTue, Nov 3
British Pound edges higher against Japanese Yen with BoE decision in focus

GBP/JPY edges higher on Monday as the Japanese Yen (JPY) struggles despite the Bank of Japan’s (BoJ) hawkish signals.

FxstreetMon, Nov 2

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
Neutral
Sell(6)
Neutral(3)
Buy(4)
Indicators
Sell(3)
Neutral(3)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
0.463
Buy
RSI(14)
53.980
Neutral
STOCH(KDJ)(9,3,3)
62.252
Sell
ATR(14)
1.269
High Vlolatility
CCI(14)
40.751
Neutral
Williams %R
47.347
Neutral
TRIX(12,20)
0.047
Sell
StochRSI(14)
0.000
Sell
Moving Average
Sell(3)
Neutral(0)
Buy(3)
Indicators
Value
Direction
MA5
212.389
Sell
MA10
211.425
Buy
MA20
210.819
Buy
MA50
210.145
Buy
MA100
212.980
Sell
MA200
212.839
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

211.561
-0.691-0.33%
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