GBP/joy Analysis Is Ready This GBP/JPY 30m chart shows a bullish setup with a buy limit near 199.71, stop loss at 199.35, and targets around 200.20–200.92. The plan expects price to bounce from support and push higher toward the target zone.
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.
Related currencies
GBPJPY has broken the trend and is ready to fall Bearish pattern - rising (bullish) wedge. The price broke through support with momentum, confirming the liquidation phase and activation of the pattern. The trend line is at risk of breaking. A retest of resistance at 199.1 may end with a close in the sell zone and a further decline to the zone of i
GBP/JPY - BOJ Holds Rates, Inflation Outlook RisesOANDA:GBPJPY #GBPJPY #Forex #Trading #FXAnalysis #TechnicalAnalysis #PriceAction #BankOfJapan #ForexTrader
The Bank of Japan decided to keep interest rates unchanged while raising its inflation forecast. This shows caution but also optimism that cooperation with the U.S. could support Japan’s eco
GBPJPY Make or break moment on the 1D MA100. Buy or sell?The GBPJPY pair has been trading within a 5-month Channel Up and yesterday hit exactly its bottom (Higher Lows trend-line). That is marginally above the 1D MA100 (green trend-line), which has been the market's Support since May 08.
As long as it holds, we expect the Channel Up to make another stand
GBPJPY – Calm Before the Storm: 200-Pip Range About to Break1. Market Context
For the past 6 weeks, GBPJPY has been trapped in a narrow 200-pip range between 200.50 and 198.50. This is unusual for such a volatile pair, and historically, when GBPJPY compresses like this, the eventual breakout tends to be explosive.
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GBPJPY: Testing the UpsideGBPJPY: Testing the Upside
The pair is moving within a variation of a channel pattern, showing bullish momentum.
If buyers keep control, the first target is around 200.35. A further breakout could push the price higher toward the 200.65 resistance zone, which is also our second target.
As long a
GBP/JPY 2H chart Pattern..GBP/JPY 2H chart. Based on my markings:
Current price is around 200.07.
The chart already shows two downside target points marked with arrows.
📉 Targets shown:
1. First target: ~ 199.400
2. Second target: ~ 198.400
So if price breaks below 199.750 support, the next downside targets are:
T
GBP/JPY - Short-Term Bearish TrendHello traders, according to the September PMI data from the UK, there has been a decline in both the manufacturing and services sectors, raising concerns about economic growth. This could lead the BoE to maintain high interest rates, negatively impacting GBP and creating expectations for a short-ter
GBP/JPY - Range Bound Before Big MovePrice is currently consolidating between a clearly defined Support Zone and Resistance Zone after a strong bearish move.
Support has been respected multiple times, indicating short-term buying interest.
Resistance aligns with a previous supply zone, showing potential rejection or continuation bia
My view on GBPJPYGBPJPY has completed a bearish harmonic pattern, and the price has also broken below the uptrend line, signaling a potential shift in momentum.
From my perspective, the chart structure points toward a move into the order block I’ve highlighted, which aligns with prior demand.
🎯 Conclusion: My outl
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of GBPJPY is 197.889 JPY — it has decreased by −0.20% 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 0.57%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPJPY showed a −1.20% fall over the past week, the month change is a −0.79% fall, and over the last year it has increased by 3.73%. 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 sell 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.