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GBP/JPY

GBPJPY
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211.015

+0.302+0.14%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.14%

5 Days

-2.58%

1 Month

-0.00%

6 Months

+0.23%

Year to Date

-0.06%

1 Year

+6.00%

Key Data Points

Opening Price

210.674

Previous Closing Price

210.713
Price Range of the Day
209.746211.803
52-Week Price Range
197.482219.601

Recent

Analysis

British Pound rebounds swiftly from one-month low against broadly weaker Yen

The GBP/JPY cross stages a goodish intraday recovery from the vicinity of the 210.00 psychological mark, though it remains on track to register heavy weekly losses.

Fxstreet15 hours ago

GBP/JPY Price Forecast: Intervention shock exposes 210.00

The GBP/JPY tanks amid speculation of intervention by Japanese authorities in the FX markets, driven by a rate check by Tokyo. The cross-pair drops more than 300 pips, trades at 210.92, down by more than 1.40%.

Fxstreet23 hours ago

Pound Sterling falls to one-month low against surging Japanese Yen

GBP/JPY extends its steep decline on Thursday as the Japanese Yen (JPY) strengthens sharply across the board for the second consecutive day. The cross fell 1.13% on Wednesday and is down around 1.60% at the time of writing, trading near 210.60, its lowest level in a month.

FxstreetThu, Sep 3

British Pound drops to three-week low as hawkish BoJ and suspected intervention boost Yen

The GBP/JPY cross remains under intense selling pressure for the second straight day and drops to a three-and-a-half-week low, around the 212.75-212.70 region during the Asian session on Thursday.

FxstreetThu, Sep 3

GBP/JPY Price Forecast: Sellers eye 214.00 after SMA break

The Pound Sterling collapses versus the Japanese Yen as growing “speculation” of an intervention in the FX markets witnessed the Yen appreciating versus most G8 FX currencies. The GBP/JPY trades with losses of more than 1.10%, at 214.08.

FxstreetWed, Sep 2

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.

FxstreetWed, Sep 2

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(10)
Neutral(0)
Buy(0)
Indicators
Sell(4)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-1.125
Sell
RSI(14)
29.931
Sell
STOCH(KDJ)(9,3,3)
19.354
Sell
ATR(14)
1.365
High Vlolatility
CCI(14)
-226.499
Oversold
Williams %R
83.560
Oversold
TRIX(12,20)
-0.006
Sell
StochRSI(14)
7.609
Oversold
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
213.701
Sell
MA10
215.208
Sell
MA20
215.430
Sell
MA50
215.853
Sell
MA100
214.904
Sell
MA200
212.910
Sell

GBP/JPY Trading Strategy

Intraday
Short Term
The MACD must break above its zero level to trigger further gains.

Trading Strategy

The MACD must break above its zero level to trigger further gains.

Alternative scenario

below 210.92, expect 210.66 and 210.50.

Comment

Our next up target stands at 211.67

3 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

211.015
+0.302+0.14%
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