CCY:GBPJPY

Gbp/jpy Currency Pair News

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JP¥214.65
-0.656 (-0.305%)
At Close: Jun 03, 2026
GBP/JPY attracts some sellers near 188.00 as BoJ official signals more rate hikes

GBPJPY Wave Analysis

09:35pm, Wednesday, 04'th Sep 2024
GBPJPY currency pair recently reversed down from the key resistance level 192.40 (which has been reversing the price from the middle of April) standing near the upper daily Bollinger Band.
GBP/JPY has unfolded a recovery rally since the August 5 lows. Since then it has risen from a low of 180.09 to a peak of 193.49 reached on September 2.
Short Term Elliott Wave in GBPJPY shows a bullish sequence from 8.5.2024 low, favoring further upside. Rally from 8.5.2024 low is unfolding as a 5 waves impulse.
GBP/JPY breaks its three-day winning streak, trading around 191.80 during the European hours on Tuesday. However, the JPY encountered challenges as weak Japanese manufacturing data fueled speculation
With market concerns surrounding a hard economic landing in the United States diminishing over the past month, it has allowed Japanese yen carry trades to be reestablished, seeing capital flow towards
GBPJPY rose to one-month high on Monday and generated initial signal of bullish continuation on probe above the top of month-long range (192.16) reinforced by 200DMA.

GBP/JPY Daily Outlook

01:30am, Friday, 30'th Aug 2024
GBP/JPY continues to stay in range below 191.99 and intraday bias remains neutral. On the upside, above 191.99 will target 61.8% retracement of 208.09 to 180.00 at 197.35, as the second leg of the cor
The Bank of England (BoE) is one of the few Central Banks in the G7 with the exception of the Bank of Japan (BoJ) who are not expected to cut rates at its upcoming meeting. The divergence in rate poli
GBP/JPY is exchanging hands in the 191.60s on Friday, marginally up on the day – its third day of gains in a row so far. The pair benefits from a stronger Pound Sterling (GBP) which has risen after
Should the bears attempt to erase the latest uptick, the April support of 190.00 could prove to be the first obstacle for them to overcome. Further declines may then cease at the recent support of 188
GBP/JPY retraces its recent gains from the previous two days, trading around 190.90 during the Asian session on Friday. The daily chart analysis indicates that the pair is attempting to break below th
After the “shock” unwind of the now-infamous yen carry trade to start the month, the key question traders have been asking for the last few weeks has been, “Is it over yet?”
The GBP/JPY cross attracts some dip-buying near the 189.65-189.60 region on Thursday and climbs to the daily peak during the early part of the European session. Spot prices currently trade just below
GBP/JPY gains traction above 191.00 amid softer Japanese Yen
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