Today
-0.33%
5 Days
+0.33%
1 Month
+0.83%
6 Months
-0.42%
Year to Date
+0.19%
1 Year
+5.22%
Opening Price
212.255Previous Closing Price
212.252
The downside prevails as long as 212.49 is resistance, with 211.07 and 210.78 as targets
above 212.49, look for 212.97 and 213.26.
The downside prevails as long as 212.49 is resistance, with 211.07 and 210.78 as targets
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.
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.
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.
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.
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.
GBP/JPY edges higher on Monday as the Japanese Yen (JPY) struggles despite the Bank of Japan’s (BoJ) hawkish signals.
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.