210.517
Today
+0.20%
5 Days
+1.43%
1 Month
-2.87%
6 Months
-0.86%
Year to Date
-0.30%
1 Year
+5.78%
Opening Price
209.753Previous Closing Price
210.096
The upside prevails as long as 209.80 is support, with 211.20 and 211.59 as targets
below 209.80, expect 209.16 and 208.77.
The upside prevails as long as 209.80 is support, with 211.20 and 211.59 as targets
GBP/JPY edges higher on Monday as the Japanese Yen (JPY) remains under pressure across the board in thin trading conditions. Japanese markets are closed until Wednesday for the country’s Silver Week holidays.
The GBP/JPY cross attracts fresh buyers at the start of the new week, stalling Friday's retracement slide from the 211.25-211.30 area, or a nearly two-week high.
The GBP/JPY cross builds on its strong intraday rally and climbs to a nearly two-week top, above mid-210.00s during the early European session on Friday. Spot prices now seem poised to register gains for the first time in three weeks.
The GBP/JPY cross attracts fresh buyers during the Asian session on Friday and jumps to a nearly two-week top, beyond 209.50, after the Bank of Japan (BoJ) announced its policy decision.
GBP/JPY makes a U-turn and loses about 0.39% on Thursday as risk appetite improves, while traders await a potential rate hike by the Bank of Japan later in Friday’s session. The cross-pair trades at 208.32 after reaching a high of 209.19.
GBP/JPY trades under pressure on Thursday as the British Pound weakens across the board following the Bank of England’s (BoE) latest monetary policy announcement. At the time of writing, the cross trades around 208.23, down 0.40% on the day.
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.