About British Pound / Japanese Yen
The British Pound (GBP) vs. the Japanese Yen (JPY) is a highly volatile pair. JPY is often used as a funding currency of a trade because it’s historically a low yielding currency. Since UK is one of the larger economies in Europe, the GBPJPY pair can be considered as a proxy for worldwide economic health. On the other hand, this pair performs like a representer for market 'risk-off' moves as the carry trade gets reversed. As a result, GBPJPY is able to develop strong trends that exceed thousands of pips.
GBPJPY Analysis on (16/12/20240GBPJPY UPDATEDE
Current price - 194.400
If price stay above 192.000,then next target is 196.600 and below that 191.000
Plan1;If price break 194.500 -194.000 area,and stay above 194.500,we will place buy order in GBPJPY with target of 196.600 and 198.400 & stop loss should be placed at 192.000
GBP JPY OrderFlow GBPJPY OrderFlow Analysis -
Intraday bias in GBP/JPY remains neutral first. While recovery from 188.07 might extend, further decline is expected as long as 55 D EMA (now at 194.07) holds. On the downside, below 190.33 minor support will turn bias to the downside for 188.07, and then 183.70 suppo
GBPJPY Analysis on (05/12/2024)GBPJPY UPDATEDE
Current price - 191.000
If price stay above 189.000,then next target is 194.000 and below that 186.000
Plan1;If price break 190.500 -190.900 area,and stay above 191.000,we will place buy order in GBPJPY with target of 193.000 and 195.000 & stop loss should be placed at 189.000
GbpjpyUpside movement Daily Chart
Rsi Hist analysis
Of GBP jpy
Upside movement Daily Chart
Rsi Hist analysis
GBPJPY Analysis on(04/12/2024)GBPJPY UPDATEDE
Current price - 189.700
If price stay below 190.800,then next target is 188.000 and below that 193.000
Plan1;If price break 189.700 -190.200 area,and stay below 189.600,we will place sell order in GBPJPY with target of 186.200 and 188.000 & stop loss should be placed at 193.000
GBPJPY Analysis on(27/11/2024)GBPJPY UPDATEDE
Current price - 191.600
If price stay above 189.500,then next target is 193.400 and below that 186.000
Plan1;If price break 191.200-191.500area,and stay above 191.700,we will place buy order in GBPJPY with target of 193.400 and 195.400 & stop loss should be placed at 189.500
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current rate of GBPJPY is 194.961 JPY — it has decreased by −0.19% in the past 24 hours. See more of GBPJPY rate dynamics on the detailed chart.
The value of the GBPJPY pair is quoted as 1 GBP per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 GBP.
The term volatility describes the risk related to the changes in an asset's value. GBPJPY has the volatility rating of 0.37%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPJPY showed a 1.23% rise over the past week, the month change is a −1.40% fall, and over the last year it has increased by 7.95%. Track live rate changes on the GBPJPY chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
GBPJPY is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade GBPJPY right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with GBPJPY technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the GBPJPY shows the buy signal, and 1 month rating is buy. See more of GBPJPY technicals for a more comprehensive analysis.