Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.460
Sell
RSI(14)
49.356
Neutral
STOCH(KDJ)(9,3,3)
53.443
Buy
ATR(14)
1.932
High Vlolatility
CCI(14)
3.136
Neutral
Williams %R
40.353
Buy
TRIX(12,20)
-0.065
Sell
StochRSI(14)
95.912
Overbought
Search
GBP/JPY
Add to Watchlist
214.994
-0.141-0.07%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D
Today
-0.06%
5 Days
+1.89%
1 Month
-0.73%
6 Months
+2.09%
Year to Date
+1.82%
1 Year
+8.29%
Key Data Points
Opening Price
214.782Previous Closing Price
215.135Recent
Analysis
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.
Fxstreet12 hours ago
British Pound rallies to over one-week high as fiscal woes and rate gap hammer Yen
The GBP/JPY cross catches aggressive bids at the start of a new week and builds on its strong recovery move from the vicinity of mid-209.00s, or the lowest level since early March touched last Monday.
Fxstreet18 hours ago
GBP/JPY Price Forecast: Rebound holds above 200-day SMA
The British Pound retreats against the Japanese Yen, down about 0.24%, as the Yen is poised to end the week on a higher note. However, GBP/JPY is poised to finish the week with minimal gains, trading at 212.64.
FxstreetFri, Aug 7
British Pound holds steady around 213.00 as fiscal concerns and rate gap undermine Yen
The GBP/JPY cross struggles to extend its positive move witnessed over the past three days and consolidates around the 213.00 mark, or the top end of its weekly range, through the early European session on Friday.
FxstreetFri, Aug 7
GBP/JPY Price Forecast: 200-day SMA holds as downside risks linger
GBP/JPY trades in a narrow range on Thursday, with the British Pound (GBP) modestly outperforming the Japanese Yen (JPY). The Yen stays on the back foot for a third consecutive day, reversing part of the intervention-driven rally that briefly sent GBP/JPY below 210.00 at the start of the week.
FxstreetThu, Aug 6
British Pound consolidates vs Yen; bullish bias remains amid Japan's fiscal concerns
The GBP/JPY cross struggles to capitalize on this week's solid rebound from the vicinity of mid-109.00s, or a four-month low, and edges lower during the Asian session on Thursday.
FxstreetThu, Aug 6
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
213.646
Buy
MA10
213.636
Buy
MA20
215.952
Sell
MA50
215.313
Sell
MA100
214.421
Buy
MA200
211.842
Buy
GBP/JPY Trading Strategy
Intraday
Short Term
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
2 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.
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