GBP/JPY Technical Analysis: Daily Rate Chart (November 2019 to November 2020) (Chart 5) GBP /JPY rates are more like USD/JPY than EUR/JPY, insofar as like USD/JPY, the uptrend from the March and GBP/JPY fails to returns above 139.00, remains steady above 137.55. Brexit uncertainty is weighing on GBP. The near-term upside momentum loses steam. Sterling’s upside attempts have lost steam right below 139.00 on Monday with Brexit woes keeping GBP longs in check. The pair remains supported above 137.55/60 barely changed on the day. The GBP/JPY cross maintained its bid tone, comfortably above the 136.00 mark through the first half of the European session, albeit has retreated few pips from daily tops. The cross managed to regain some positive traction on the first day of a new trading week and shot to a three-day high level of 136.61 during the early European session. GBP JPY (British Pound / Japanese Yen Spot) 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
13 hours ago · The GBP/JPY has formed two POC zones as the price is still technically bullish. Bounce is expected at any of the zones. 137.37-137.68 is the first confluence zone. It is also where the confluence GBP/JPY Technical Analysis: Double top on 4H chart GBP/JPY has chared a double top, a bearish reversal pattern, on the 4-hour chart with the neckline support at 144.12. Interestingly, support of the trendline sloping upwards from the Feb. 15 and Feb. 18 lows is also located at 144.12, which makes it a level to beat for the bears,
Analyse GBPJPY currency pair by using advanced technical analysis tools (Japanese candles, Fibonacci and more) live charts, and real-time market price. USD/JPY Forex Technical Analysis – 104.807 Potential Trigger Point for Acceleration to Downside The direction of the USD/JPY the rest of the session on Wednesday is likely to be determined by GBP/JPY’s fall from 142.71 resumes with a firm break of 38.2% retracement of 123.94 to 142.71 at 135.53. Intraday bias is now back on the downside. Current development argues that whole Apr 23, 2012 Oct 28, 2020 Jul 10, 2019
GBP/JPY (British Pound - Japanese Yen) is the forex ticker that tells traders how Weekly Japanese Yen Technical Forecast: JPY Gains Steam as Risk Appetite
Fundamental Forex Analysis of GBP JPY for Today. Here you will find the latest fundamental analysis, news and reports of the currency pair GBP / JPY (British Pound / Japanese Yen). Nov 12, 2020 · A combination of factors assisted EUR/GBP to move further away from multi-month lows. Brexit-related uncertainties, softer UK macro data continued undermining the British pound. GBP/JPY (British Pound - Japanese Yen) is the forex ticker that tells traders how many Japanese Yen are needed to buy a British Pound. The Pound is the fourth most traded currency in the world, Economies.com provides the latest technical analysis of the GBP/JPY (British Pound Sterling/Yen). You may find the analysis on a daily basis with forecasts for the global daily trend. You may also find live updates around the clock if any major changes occur in the currency pair.