CCY:GBPJPY

Gbp/jpy Currency Pair News

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JP¥214.65
-0.656 (-0.305%)
At Close: Jun 03, 2026
Yen-weakness has remained through Japanese general elections and both EUR/JPY and GBP/JPY have put in clean breakout moves from ascending triangle formations.
GBP/JPY opens a price gap after the open on Monday as it rallies higher following a breakout move from a Right-Angle Triangle pattern last week.
GBP/JPY attracts some buyers above 198.50 as Japan's election outcome casts doubt on BoJ's rate hike plans
GBP/JPY has broken out of a Right-Angle Triangle pattern and rallied higher. 

Technical Analysis – GBPJPY at 3-Month High

04:23am, Thursday, 24'th Oct 2024
GBPJPY charted a three-month high of 198.42 at the top of a bullish channel, increasing speculation that a new bearish wave could soon start, especially after the close below the 61.8% Fibonacci retra
The GBP/JPY is trading over 1.0% higher on Wednesday in the 198.30s. A combination of political instability in Japan and shifting economic forecasts, coupled with differing monetary policy outlooks be
The GBP/JPY cross kicks off the new week on a weaker tone and retreats further from its highest level since late July, around the 196.00 mark touched on Friday. Spot prices, however, remain confined i

British Pound Forecast: GBP/USD, GBP/JPY

06:00pm, Saturday, 19'th Oct 2024
It's been tough sledding for Cable so far in Q4, but bulls have started to show defense of a major psychological level. Meanwhile, GBP/JPY is holding on to a bullish breakout setup as we go into next

GBP/JPY Nearing Strong Resistance Zone

10:27am, Friday, 18'th Oct 2024
GBP/JPY has been in a strong bullish phase, but five-wave bullish cycle within wave (5) up from 2022 swing lows can be completed after recent strong reversal down back below channel support lines. In
While up today, the release of weaker UK inflation data in mid-week, with headline CPI falling to 1.7% y/y, has given the Bank of England a greenlight to proceed with more aggressive rate cuts, keepin
GBP/JPY has formed a right-angle triangle which indicates a breakout higher is likely. 
GBP/JPY continues to rise for the second consecutive day, trading around 195.90 during the Asian session. The Pound Sterling (GBP) gained momentum following a solid Retail Sales report from the United
The GBP has steadily declined against the greenback in recent weeks, while remaining stable against the Euro. This weakness in the British pound is attributed to market participants pricing in more ag
The GBP/JPY cross attracts heavy selling following the release of the UK consumer inflation figures on Wednesday and retreats further from over a two-week high touched the previous day. The second str
Short Term Elliott Wave View in GBPJPY suggests that cycle from 9.11.2024 low is currently in progress as a zigzag. Up from 9.11.2024 low, wave A ended at 195.97.
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