GBPJPY=X - GBP/JPY
| Previous close | 146.062 |
| Open | 146.062 |
| Bid | 147.07 |
| Day's range | 146.003 - 147.334 |
| 52-week range | 140.36 - 156.09 |
| Ask | 147.08 |
- FX Empire•yesterday
GBP/JPY Weekly Price Forecast – British pound neutral against yen
It’s been a wild week, but it looks like we are going to close the GBP/JPY pair relatively flat which of course is a victory after the massive selloff last week.
- FX Empire•yesterday
GBP/JPY Price Forecast – British pound showing signs of life to end the week
The British pound bounced a bit against the Japanese yen to end the week, and as I record this we are testing the one ¥46.50 level. This is an area that was a significant resistance months ago, and support recently. It’ll be interesting to see what happens next.
- FX Empire•2 days ago
GBP/JPY Price Forecast – British pound choppy against yen on Thursday
The British pound continues the chop around overall against the Japanese yen during the day on Thursday, as there are a lot of moving headlines that can influence this market rather quickly.
- FX Empire•3 days ago
GBP/JPY Price Forecast – British pound pulls back on Wednesday
The British pound pulled back during the trading session on Wednesday, reentering the gap that had formed at the beginning of the week. It does look as if the buyers are trying to come back though, and I think that the ¥146.50 level should of course be interesting as well.
- FX Empire•4 days ago
GBP/JPY Price Forecast – British pound soars during Tuesday session
The British pound took off to the upside during the Tuesday session against the Japanese yen as more of a “risk on” flavor came back into the marketplace. However, as the Americans have stepped on board, it looks as if we may be a little overstretched as we are running into some recent selling pressure around the ¥148 level.
- FX Empire•5 days ago
GBP/JPY Price Forecast – British pound gaps lower to kick off the week
The British pound gapped lower to kick off the week, breaking below the ¥147 level. However, we have started to recover so at this point we are deciding whether we are going to return to the consolidation area that we had been in, or are we going to break down?
- FX Empire•6 days ago
The Big Short – Is It Coming Now?
Analysts looking for key drivers over the near-term that will ultimately decide the fate of a number of currencies, economies and ultimately whether a new crisis dawns.
- FX Empire•8 days ago
GBP/JPY Weekly Price Forecast – British pound drops for the week
The British pound dropped during the week against the Japanese yen, but as you can see the ¥147 level has offered support as we approached it. This is a market that has been going back and forth, but I would draw your attention to the shooting star from three weeks before.
- FX Empire•8 days ago
GBP/JPY Price Forecast – market continues range bound motion
The British pound has gone both up and down against the Japanese yen during the trading session on Friday, as traders start to come into the weekend. Because of this, it makes sense that the market participants would continue more of the same.
- FX Empire•9 days ago
GBP/JPY Price Forecast – British pound continues to grind sideways against yen
The British pound rallied during the US session on Thursday, reaching towards the ¥149 level before pulling back a bit. It looks as if we have a larger consolidation area that continues to keep this market intact. I think that there are a lot of risk appetite issues out there, and that of course will affect this pair drastically.
- FX Empire•10 days ago
GBP/JPY Price Forecast – British pound strengthens midweek
The British pound rallied significantly during the session on Wednesday, reaching towards the ¥149.25 level by the time the Americans jumped on board. This is a bit of a “risk on” move, and of course it appears that the Brexit is starting to look like less of a fear for investors, so therefore it makes sense that we would get this rally. However, we are getting close to the top of the recent consolidation.
- FX Empire•12 days ago
GBP/JPY Price Forecast – British pound breaks down significantly to kick off week
The British pound broke down rather significantly to kick off the week, as we continue to see “risk off” attitude to grip the market. Ultimately, I do believe that the market may find a bid underneath, but with the bank holiday on Monday, it could have exacerbated the move a bit in north American trading.
- FX Empire•15 days ago
GBP/JPY Weekly Price Forecast – British pound reaches towards the top of the range
The British pound reached towards the top of the range after initially pulling back against the Japanese yen this week. It looks as if the ¥150 level is going to offer a bit of resistance, but I do think we eventually slice through there. If we clear that level, it not only is a round and important number out of the way, it shows us breaking above the top of the shooting star from a couple of weeks ago.
- FX Empire•16 days ago
GBP/JPY Price Forecast – British pound recovers slightly on Thursday
The British pound recovered slightly during the day on Thursday against the Japanese yen as we continue to bang around. The market doesn’t really know where it wants to go right now, but longer-term we have been seeing buyers pick up value.
- FX Empire•17 days ago
GBP/JPY Price Forecast – British pound continues to chop
The British pound initially surged higher during the session on Wednesday, reaching as high as the ¥148.25 level, but then pulled back as fears of a no deal Brexit pick it back up. However, since then we have seen a certain amount of buying pressure based upon the previous consolidation area resistance, so it looks as if the buyers are trying to step in.
- FX Empire•18 days ago
GBP/JPY W L3 Keeps Bulls In Control
>> The GBP/JPY has been performing at the top of the range since Sep 20. As long as W L3 holds, the bulls are in control<<
- FX Empire•18 days ago
GBP/JPY Price Forecast – British pound falls hard against yen
The British pound fell rather hard against the Japanese yen during trading on Tuesday, reaching down towards the ¥147 level, an area that has been supportive in the past. At the time of recording, it looks as if we are trying to bounce though.
- FX Empire•19 days ago
GBP/JPY Price Forecast – British pound spikes due to false headline
The British pound spiked tired due to a false headline coming across twitter that the British had decided to compromise on the Irish border. Nonetheless, this is a market that was already trying to break out of a triangle anyway, so therefore I think it’s a bit of a moot point.
- FX Empire•22 days ago
GBP/JPY Weekly Price Forecast – British pound continues to struggle with resistance above
The British pound rallied during the week but struggled with the significant resistance barrier at the ¥150 level. I think at this point it is clear that the British pound is trying to break out, as we have cleared a major downtrend line, but we obviously have a lot of psychological resistance to deal with also.
- FX Empire•22 days ago
GBP/JPY Price Forecast – British pound falls to kick off Friday
The British pound fell against the Japanese yen to kick off the day on Friday, as we continue to see a lot of volatility around the world. This of course is a pair that is highly sensitive to not only the Brexit, but the trade war.
- FX Empire•23 days ago
GBP/JPY Price Forecast – British pound rallies after initial pull back against yen
The British pound has rallied a bit during the day on Thursday after initially falling, reaching down to the ¥147.50 level. This area has been important a couple of times, and we have also recently made a significant break out. It is because of this that I think the buyers will more than likely return.
- FX Empire•24 days ago
GBP/JPY Price Forecast – British pound remains resilient
The British pound pulled back initially during trading on Wednesday but found enough support at the ¥148.40 level in order to turn around and rally again.
- FX Empire•25 days ago
Two different signals on the JPY
A bit of hesitation on the GBPJPY. The pair is currently drawing a right shoulder of the H&S pattern. This is not happening in a random place. We are on the mid-term resistance created by the top from the middle of July. Currently, the most crucial level is the orange line. The breakout here will bring us a sell signal.
- FX Empire•25 days ago
GBP/JPY Price Forecast – British pound grinds higher against safety of Japanese yen
The British pound rose against the Japanese yen during trading on Tuesday as the world continues to shrug off bad news. The question now is whether or not the trade war is something that people truly fear, or has it just already been priced into the markets?
- FX Empire•26 days ago
GBP/JPY Price Forecast – British pound recovers
The British pound recovered during the day on Monday against the Japanese yen, breaking above the ¥148 level. However, I think there is a big fight ahead of ourselves to reach the highs again. I suspect that until there is some type of clarity and the situation involving the Brexit, it’s difficult to hang onto gains for the longer-term.
