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GBP/JPY

GBPJPY
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212.613

-0.473-0.22%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.22%

5 Days

+0.35%

1 Month

-1.80%

6 Months

-0.52%

Year to Date

+0.69%

1 Year

+7.55%

Key Data Points

Opening Price

212.919

Previous Closing Price

213.086
Price Range of the Day
211.453213.255
52-Week Price Range
197.482219.601

Recent

Analysis

GBP/JPY Price Forecast: Rebound holds above 200-day SMA

The British Pound retreats against the Japanese Yen, down about 0.24%, as the Yen is poised to end the week on a higher note. However, GBP/JPY is poised to finish the week with minimal gains, trading at 212.64.

Fxstreet5 hours ago

British Pound holds steady around 213.00 as fiscal concerns and rate gap undermine Yen

The GBP/JPY cross struggles to extend its positive move witnessed over the past three days and consolidates around the 213.00 mark, or the top end of its weekly range, through the early European session on Friday.

Fxstreet17 hours ago

GBP/JPY Price Forecast: 200-day SMA holds as downside risks linger

GBP/JPY trades in a narrow range on Thursday, with the British Pound (GBP) modestly outperforming the Japanese Yen (JPY). The Yen stays on the back foot for a third consecutive day, reversing part of the intervention-driven rally that briefly sent GBP/JPY below 210.00 at the start of the week.

FxstreetThu, Aug 6

British Pound consolidates vs Yen; bullish bias remains amid Japan's fiscal concerns

The GBP/JPY cross struggles to capitalize on this week's solid rebound from the vicinity of mid-109.00s, or a four-month low, and edges lower during the Asian session on Thursday.

FxstreetThu, Aug 6

British Pound extends gains to 212.50 against the Yen after upbeat UK services data

The British Pound (GBP) extends gains for the second consecutive day against the Japanese Yen (JPY) on Wednesday, with the GBP/JPY pair holding around 212.30 after bouncing from five-month lows at 209.55 on Monday.

FxstreetWed, Aug 5

Experts agree: US-Japan intervention to boost Yen won't last long

The British Pound (GBP) claws back its early losses against the Japanese Yen (JPY) and edges higher to near 212.25 during the European trading session on Wednesday.

FxstreetWed, Aug 5

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(7)
Neutral(3)
Buy(2)
Indicators
Sell(3)
Neutral(3)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-1.303
Sell
RSI(14)
38.052
Neutral
STOCH(KDJ)(9,3,3)
33.284
Neutral
ATR(14)
1.838
High Vlolatility
CCI(14)
-73.745
Neutral
Williams %R
66.623
Sell
TRIX(12,20)
-0.056
Sell
StochRSI(14)
85.721
Overbought
Moving Average
Sell(4)
Neutral(0)
Buy(2)
Indicators
Value
Direction
MA5
212.247
Buy
MA10
214.138
Sell
MA20
216.135
Sell
MA50
215.310
Sell
MA100
214.374
Sell
MA200
211.716
Buy

GBP/JPY Trading Strategy

Intraday
Short Term
The downside prevails as long as 213.22 is resistance, with 212.10 and 211.82 as targets

Trading Strategy

The downside prevails as long as 213.22 is resistance, with 212.10 and 211.82 as targets

Alternative scenario

above 213.22, look for 213.69 and 213.96.

Comment

The downside prevails as long as 213.22 is resistance, with 212.10 and 211.82 as targets

5 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

212.613
-0.473-0.22%
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