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GBP/JPY

GBPJPY
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213.031
-0.431-0.20%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.20%

5 Days

+1.30%

1 Month

+1.97%

6 Months

+0.16%

Year to Date

+0.90%

1 Year

+6.48%

Key Data Points

Opening Price

213.469

Previous Closing Price

213.462
Price Range of the Day
212.907213.529
52-Week Price Range
200.293219.601

GBP/JPY Trading Strategy

Intraday
Short Term
The upside prevails as long as 212.94 is support, with 214.18 and 214.47 as targets

Trading Strategy

The upside prevails as long as 212.94 is support, with 214.18 and 214.47 as targets

Alternative scenario

below 212.94, expect 212.45 and 212.16.

Comment

The upside prevails as long as 212.94 is support, with 214.18 and 214.47 as targets

2 hours ago
Source: Trading Central(Reference Only)
Recent
Analysis
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.

Fxstreet11 minutes ago
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.

Fxstreet21 hours ago
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
GBP/JPY Price Forecast: Advances above 211.00, over one-week as JPY softens after BoJ

The GBP/JPY cross attracts some dip-buyers near the 210.60-210.55 region on Friday, turning positive for the third straight day and advancing to an over one-week high during the early part of the European session.

FxstreetFri, Oct 30
British Pound remains almost steady against Japanese Yen after BoJ’s dovish hold

The British Pound (GBP) remains almost stable against the Japanese Yen (JPY) at around 210.80 after the Bank of Japan’s (BoJ) monetary policy announcement.

FxstreetFri, Oct 30

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
Buy
Sell(2)
Neutral(1)
Buy(8)
Indicators
Sell(2)
Neutral(1)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
0.756
Buy
RSI(14)
64.313
Neutral
STOCH(KDJ)(9,3,3)
86.377
Overbought
ATR(14)
1.195
High Vlolatility
CCI(14)
146.597
Buy
Williams %R
15.059
Overbought
TRIX(12,20)
0.044
Sell
StochRSI(14)
74.640
Sell
Moving Average
Sell(0)
Neutral(0)
Buy(6)
Indicators
Value
Direction
MA5
212.412
Buy
MA10
211.314
Buy
MA20
210.749
Buy
MA50
210.260
Buy
MA100
213.006
Buy
MA200
212.844
Buy

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

213.031
-0.431-0.20%
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