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GBP/JPY

GBPJPY
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215.025

-0.088-0.04%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.04%

5 Days

+1.23%

1 Month

-0.72%

6 Months

+3.36%

Year to Date

+1.83%

1 Year

+7.74%

Key Data Points

Opening Price

214.945

Previous Closing Price

215.113
Price Range of the Day
214.945215.138
52-Week Price Range
197.482219.601

Recent

Analysis

GBP/JPY Price Forecast: 50-day SMA caps sideways trading

The GBP/JPY holds firm on Wednesday at around 215.00, as neither buyers nor sellers are reluctant to open fresh directional bets amid fears of renewed intervention in the FX markets by US and Japanese authorities to propel the Yen.

Fxstreet4 hours ago

GBP/JPY Price Forecast: Recovery stalls below the 50-day SMA

GBP/JPY holds firm on Wednesday, trading within Monday’s range as the Japanese Yen (JPY) stays on the back foot, having given up nearly half of the gains triggered by the joint US-Japan intervention. At the time of writing, the cross trades around 215.12, virtually unchanged on the day.

Fxstreet15 hours ago

British Pound advances to two-week high as rate gap and fiscal woes undermine Yen

The GBP/JPY cross climbs to a nearly two-week high, around the 215.35-215.40 area, during the first half of the European session on Wednesday and looks to prolong its recent solid recovery from the lowest level since early March, touched last week.

Fxstreet19 hours ago

GBP/JPY Price Forecast: Struggles at 50-day SMA with bulls near 215.50

The GBP/JPY ended Tuesday’s session unchanged at 215.17 as buyers remained reluctant to test the 50-day Simple Moving Average (SMA) at 215.43, seen as the first resistance level on its way to re-test yearly peaked at around 219.61.

FxstreetTue, Aug 11

British Pound sits near one-week top, above 215.00 vs weak Yen ahead of UK GDP

The GBP/JPY cross recovers a modest intraday dip and climbs above the 215.00 psychological mark during the first half of the European session on Tuesday.

FxstreetTue, Aug 11

British Pound rises against Japanese Yen as intervention impact fades

GBP/JPY edges higher on Monday as the Japanese Yen (JPY) underperforms across the G10 currency space, with structural headwinds limiting the impact of recent intervention. At the time of writing, the cross trades around 214.70, up 0.85% on the day.

FxstreetMon, Aug 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
Neutral
Sell(4)
Neutral(2)
Buy(6)
Indicators
Sell(2)
Neutral(2)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
-0.016
Sell
RSI(14)
49.490
Neutral
STOCH(KDJ)(9,3,3)
81.140
Buy
ATR(14)
1.912
High Vlolatility
CCI(14)
22.327
Neutral
Williams %R
39.860
Buy
TRIX(12,20)
-0.061
Sell
StochRSI(14)
96.329
Overbought
Moving Average
Sell(2)
Neutral(0)
Buy(4)
Indicators
Value
Direction
MA5
214.602
Buy
MA10
213.350
Buy
MA20
215.547
Sell
MA50
215.329
Sell
MA100
214.463
Buy
MA200
211.980
Buy

GBP/JPY Trading Strategy

Intraday
Short Term
As long as 214.72 is support, look for 215.98

Trading Strategy

As long as 214.72 is support, look for 215.98

Alternative scenario

below 214.72, expect 214.26 and 213.99.

Comment

As long as 214.72 is support, look for 215.98

an hour 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.

GBP/JPY

215.025
-0.088-0.04%
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