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GBP/JPY

GBPJPY
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213.924

-0.032-0.01%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.01%

5 Days

-1.50%

1 Month

+0.97%

6 Months

+1.74%

Year to Date

+1.32%

1 Year

+7.33%

Key Data Points

Opening Price

213.852

Previous Closing Price

213.956
Price Range of the Day
213.852213.953
52-Week Price Range
197.482219.601

Recent

Analysis

British Pound slides against Japanese Yen as suspected intervention rattles markets

GBP/JPY falls nearly 1% on Wednesday as the Japanese Yen (JPY) strengthens across the board. At the time of writing, the cross trades around 214.43 after hitting an intraday low near 213.70, its lowest level since August 10.

Fxstreet6 hours ago

British Pound edges higher as fiscal risks and rate gap weigh on Yen

The GBP/JPY cross edges higher on Tuesday, though it lacks bullish conviction and remains confined within a familiar range held over the past week or so. Spot prices currently trade around mid-216.00s amid a broadly weaker Japanese Yen (JPY).

FxstreetTue, Sep 1

GBP/JPY Price Forecast: 217.00 caps bulls as RSI fades

GBP/JPY trades flattish for the third straight day as buyers have failed to decisively crack the 217.00 level, which could open the door to further upside. This pushed the cross-pair to the mid-point of the trading range of 216.08-216.85,

FxstreetMon, Aug 31

Pound Sterling retreats as Japanese Yen attracts modest buying

GBP/JPY trades on the back foot on Monday as the Japanese Yen (JPY) strengthens against its major peers. The Pound Sterling (GBP), meanwhile, lacks a fresh domestic catalyst as UK markets remain closed for the Summer Bank Holiday.

FxstreetMon, Aug 31

British Pound edges higher despite delaying BoE rate hike expectations

GBP/USD inches higher after two days of losses, trading around 1.3600 during the Asian hours on Friday. However, the British Pound (GBP) may encounter headwinds as recent declines in Brent crude oil prices ease immediate inflation concerns.

FxstreetFri, Aug 28

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.

FxstreetThu, Aug 27

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
Sell
Sell(8)
Neutral(2)
Buy(1)
Indicators
Sell(3)
Neutral(2)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-0.154
Neutral
RSI(14)
38.914
Neutral
STOCH(KDJ)(9,3,3)
34.408
Sell
ATR(14)
1.039
High Vlolatility
CCI(14)
-177.347
Sell
Williams %R
92.610
Oversold
TRIX(12,20)
0.021
Sell
StochRSI(14)
0.000
Oversold
Moving Average
Sell(5)
Neutral(0)
Buy(1)
Indicators
Value
Direction
MA5
215.971
Sell
MA10
216.394
Sell
MA20
215.629
Sell
MA50
215.952
Sell
MA100
214.982
Sell
MA200
212.863
Buy

GBP/JPY Trading Strategy

Intraday
Short Term
The configuration is mixed.

Trading Strategy

The configuration is mixed.

Alternative scenario

below 214.10, expect 213.83 and 213.67.

Comment

Rebound towards 214.90

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.

GBP/JPY

213.924
-0.032-0.01%
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