Indicators
Indicators
Value
Direction
MACD(12,26,9)
-1.705
Sell
RSI(14)
25.023
Sell
STOCH(KDJ)(9,3,3)
8.684
Oversold
ATR(14)
1.562
High Vlolatility
CCI(14)
-90.848
Neutral
Williams %R
95.635
Oversold
TRIX(12,20)
-0.113
Sell
StochRSI(14)
49.699
Buy
Search
GBP/JPY
Add to Watchlist
207.540
-1.034-0.50%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
-0.50%
5 Days
-1.65%
1 Month
-3.52%
6 Months
-2.63%
Year to Date
-1.71%
1 Year
+3.87%
Key Data Points
Opening Price
208.348Previous Closing Price
208.574GBP/JPY Trading Strategy
Intraday
Short Term
Trading Strategy
The downside prevails as long as 208.81 is resistance, with 206.93 and 206.44 as targets
Alternative scenario
above 208.81, look for 209.63 and 210.13.
Comment
The downside prevails as long as 208.81 is resistance, with 206.93 and 206.44 as targets
6 hours ago
Source: Trading Central(Reference Only)
Recent
Analysis
British Pound remains weaker against Japanese Yen following UK economic data
GBP/JPY depreciates after registering gains in the previous day, trading around 208.30 during Asian hours on Friday. The currency cross loses ground as the British Pound (GBP) remains subdued against the Japanese Yen (JPY) following the release of key economic data from the United Kingdom (UK).
Fxstreet19 hours ago
GBP/JPY Price Forecast: RSI signals exhaustion after a steep 4% decline
GBP/JPY edges higher on Wednesday as the Japanese Yen (JPY) weakens across the board, likely reflecting some profit-taking after the currency’s strong run since the start of the month.
FxstreetThu, Sep 10
British Pound moves away from YTD low as Yen consolidates hawkish BoJ-inspired rally
The GBP/JPY cross gains some positive traction on Thursday and moves away from the year-to-date low, around the 207.00 neighborhood, touched earlier this week. Spot prices stick to modest gains above the 208.00 mark through the early European session, though the uptick lacks bullish conviction.
FxstreetThu, Sep 10
GBP/JPY Price Forecast: Bears Eye 207.00 as downtrend holds
GBP/JPY falls for the third straight day, but it fails to register a lower low, an indication that buyers are stepping in but lack the strength to push the exchange rate past Wednesday’s opening price, leaving the pair near this week's lows. The cross-pair trades at 208.05, down 0.22%.
FxstreetWed, Sep 9
British Pound remains under pressure against Japanese Yen amid hawkish BoJ bets
The British Pound (GBP) trades 0.3% lower at around 207.80 against the Japanese Yen (JPY) during the European trading session on Wednesday.
FxstreetWed, Sep 9
British Pound dips to 207.50 as Japanese Yen rallies, unfazed by Oil prices
The British Pound (GBP) extends losses on Wednesday as the Japanese Yen (JPY) rallies across the board, with investors bracing for a quarter-point rate hike by the Bank of Japan (BoJ) at next week’s monetary policy meeting.
FxstreetWed, Sep 9
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.
Sell
Moving Average
Indicators
Value
Direction
MA5
208.277
Sell
MA10
210.989
Sell
MA20
213.705
Sell
MA50
215.161
Sell
MA100
214.556
Sell
MA200
212.958
Sell
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.
