Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.478
Buy
RSI(14)
55.098
Neutral
STOCH(KDJ)(9,3,3)
71.626
Sell
ATR(14)
0.989
Low Volatility
CCI(14)
58.886
Neutral
Williams %R
17.626
Overbought
TRIX(12,20)
0.014
Sell
StochRSI(14)
9.334
Sell
Search
GBP/JPY
Add to Watchlist
216.619
+0.107+0.05%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
+0.05%
5 Days
+0.68%
1 Month
-0.71%
6 Months
+2.94%
Year to Date
+2.59%
1 Year
+9.04%
Key Data Points
Opening Price
216.291Previous Closing Price
216.512Recent
Analysis
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.
Fxstreetan hour ago
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.
Fxstreet5 hours ago
GBP/JPY Price Forecast: Evening star threatens 216.00 support
The GBP/JPY failed to sustain the 217.00 breakout, reversing to the 216.50 area as traders faded the move, exacerbating the decline to current exchange rates. At the time of writing, the cross-pair exchanges hands with losses of 0.36%.
Fxstreet15 hours ago
British Pound weakens against Japanese Yen amid hawkish BoJ prospects
The British Pound (GBP) is under pressure against the Japanese Yen (JPY) on Wednesday, trading 0.22% lower at around 216.85 during the European trading session.
FxstreetWed, Aug 26
GBP/JPY Price Forecast: Bulls hold 217.00 after trendline break
The GBP/JPY surpassed a downtrend resistance line and reclaimed the 217.00 level on Tuesday, as the Japanese Yen weakened while Sterling pushed to a new three-week high at 217.48. At the time of writing, the cross-pair trades at 217.31, up 0.20%.
FxstreetTue, Aug 25
GBP/JPY Price Forecast: Bulls recover lost ground as intervention effect wears off
GBP/JPY extends its steady recovery on Tuesday and has now recouped almost all the losses triggered by the joint US-Japan intervention in late July. The intervention was aimed at curbing excessive weakness in the Japanese Yen (JPY) after USD/JPY climbed above 160 to a forty-year high.
FxstreetTue, Aug 25
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
216.786
Sell
MA10
216.317
Buy
MA20
214.836
Buy
MA50
215.752
Buy
MA100
214.952
Buy
MA200
212.653
Buy
GBP/JPY Trading Strategy
Intraday
Short Term
Trading Strategy
The downside prevails as long as 216.93 is resistance, with 215.88 and 215.58 as targets
Alternative scenario
above 216.93, look for 217.43 and 217.73.
Comment
The downside prevails as long as 216.93 is resistance, with 215.88 and 215.58 as targets
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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