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GBP/JPY

GBPJPY
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210.512

+0.817+0.39%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.39%

5 Days

+0.56%

1 Month

+0.73%

6 Months

-2.18%

Year to Date

-0.30%

1 Year

+4.18%

Key Data Points

Opening Price

209.452

Previous Closing Price

209.695
Price Range of the Day
209.450210.955
52-Week Price Range
199.057219.601

GBP/JPY Trading Strategy

Intraday
Short Term
The upside prevails as long as 210.13 is support, with 211.48 and 211.85 as targets

Trading Strategy

The upside prevails as long as 210.13 is support, with 211.48 and 211.85 as targets

Alternative scenario

below 210.13, expect 209.51 and 209.14.

Comment

The upside prevails as long as 210.13 is support, with 211.48 and 211.85 as targets

14 hours ago
Source: Trading Central(Reference Only)
Recent
Analysis
GBP/JPY Price Forecast: Bulls test recovery momentum below key moving averages

GBP/JPY trades on the front foot on Friday, gaining around 0.50% as broad US Dollar weakness favours the higher-yielding British Pound (GBP) against the lower-yielding Japanese Yen (JPY), which underperforms all its major peers except the Greenback.

Fxstreet20 hours ago
British Pound rises against Japanese Yen despite BoJ Ueda reiterates hawkish outlook

The British Pound (GBP) trades 0.4% higher at around 210.50 against the Japanese Yen (JPY) during the European trading session on Friday.

FxstreetFri, Oct 16
British Pound holds gains against Japanese Yen following BoE Bailey’s remarks

GBP/JPY extends its gains for the second successive day, trading around 209.80 during Asian hours on Friday.

FxstreetFri, Oct 16
British Pound holds firm as stronger UK economic data outweigh hawkish BoJ remarks

GBP/JPY edges higher on Thursday as the British Pound (GBP) outperforms most of its major peers following stronger-than-expected UK economic data, while traders also assess central bank signals. At the time of writing, the cross trades around 209.36, up 0.23% on the day.

FxstreetThu, Oct 15
British Pound trades higher against Japanese Yen, UK GDP data beats estimates

The British Pound (GBP) is up 0.2% at around 209.10 against the Japanese Yen (JPY) during the European trading session on Thursday. The cross gains as better-than-expected United Kingdom (UK) monthly Gross Domestic Product (GDP) data for August has lend strength to the domestic currency.

FxstreetThu, Oct 15
GBP/JPY Price Forecast: Failed breakout puts 208.00 in focus

The GBP/JPY dives over 0.45% on Wednesday as market mood turns sour on red-hot US inflation data, which drove US equities lower and fueled speculation that major central banks would need to tighten monetary policy. The cross-pair exchanges hands at 208.89, after reaching a high of 210.31.

FxstreetWed, Oct 14

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(3)
Buy(5)
Indicators
Sell(1)
Neutral(3)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
0.647
Neutral
RSI(14)
54.017
Neutral
STOCH(KDJ)(9,3,3)
75.249
Neutral
ATR(14)
1.423
High Vlolatility
CCI(14)
178.326
Buy
Williams %R
10.861
Overbought
TRIX(12,20)
-0.028
Sell
StochRSI(14)
100.000
Buy
Moving Average
Sell(3)
Neutral(0)
Buy(3)
Indicators
Value
Direction
MA5
209.654
Buy
MA10
209.379
Buy
MA20
209.232
Buy
MA50
211.585
Sell
MA100
213.447
Sell
MA200
212.905
Sell

About GBP/JPY

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

210.512
+0.817+0.39%
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