Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.590
Buy
RSI(14)
56.098
Neutral
STOCH(KDJ)(9,3,3)
80.662
Neutral
ATR(14)
1.091
Low Volatility
CCI(14)
95.494
Neutral
Williams %R
12.126
Overbought
TRIX(12,20)
0.009
Sell
StochRSI(14)
0.000
Sell
Search
GBP/JPY
Add to Watchlist
216.727
-0.459-0.21%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
-0.22%
5 Days
+0.35%
1 Month
-0.67%
6 Months
+2.26%
Year to Date
+2.63%
1 Year
+9.00%
Key Data Points
Opening Price
216.948Previous Closing Price
217.186Recent
Analysis
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.
Fxstreet6 hours ago
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%.
Fxstreet15 hours ago
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
British Pound extends gains to fresh monthly peak, around mid-217.00s vs weaker Yen
The GBP/JPY cross catches fresh bids on Tuesday and climbs to its highest level since July 30, around mid-217.00s during the first half of the European session.
FxstreetTue, Aug 25
GBP/JPY Price Forecast: 217.00 caps bulls as RSI stalls
The GBP/JPY consolidates near familiar levels around 217.00 on Monday, as risk aversion dominates markets, with flows moving into haven assets like the US Dollar and Gold amid uncertainty over the Middle East conflict.
FxstreetMon, Aug 24
British Pound refreshes monthly high; looks to extend rally above 217.00 vs weak Yen
The GBP/JPY cross attracts some dip-buyers near the 216.20 area and touches a fresh monthly high during the early part of the European session on Monday. Spot prices currently trade just above the 217.00 mark and seem poised to appreciate further amid a broadly weaker Japanese Yen (JPY).
FxstreetMon, Aug 24
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.
Buy
Moving Average
Indicators
Value
Direction
MA5
216.861
Sell
MA10
216.189
Buy
MA20
214.754
Buy
MA50
215.683
Buy
MA100
214.924
Buy
MA200
212.593
Buy
GBP/JPY Trading Strategy
Intraday
Short Term
Trading Strategy
The upside prevails as long as 216.45 is support, with 217.50 and 217.81 as targets
Alternative scenario
below 216.45, expect 215.94 and 215.64.
Comment
The upside prevails as long as 216.45 is support, with 217.50 and 217.81 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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