GBPJPY=X - GBP/JPY
| Previous close | 142.65 |
| Open | N/A |
| Bid | 142.567 |
| Day's range | 142.65 - 142.65 |
| 52-week range | 126.6550 - 148.8580 |
| Ask | 142.737 |
- FX Empire
GBP/JPY Weekly Price Forecast – British Pound Breaks Out
The British pound broke out against the Japanese yen during the week, finally slicing through the resistance barrier that had been keeping it down for quite some time. At this point, it looks as if we are ready to continue going higher as the election looms.
- FX Empire
GBP/JPY Price Forecast – British Pound Continues To Power Higher After Pullback
The British pound pulled back a bit during the trading session on Friday, but then turned around to show signs of strength again. This continues the overall “risk on” trade situation.
- FX Empire
GBP/JPY Price Forecast – British Pound Trying To Break Out
The British pound has rallied a bit during the trading session on Monday to kick off the week, as we are approaching the ¥142 level. This is an area that should continue to be interesting, but if we break above it, this market is ready to take off.
- FX Empire
Yen Is Ready To Drop Again
At the beginning of December, we could have few hot topics for forex traders. Trade Wars, all time highs on stocks or Brexit. Quite surprisingly, our attention shifts towards yen, which is quietly weakening across the globe.
- FX Empire
GBP/JPY Weekly Price Forecast – British Pound Continues Break Out Against Japanese Yen
The British pound rallied during the week, breaking to a fresh, new high as we continue to see a lot of buying pressure. It looks as if the Tories are going to have a majority Parliament, and that of course is helping the British pound.
- FX Empire
GBP/JPY Price Forecast – British Pound Continues To Attempt Break Out
The British pound went back and forth during the trading session on Friday, as we continue to see a lot of volatility out there. This is a very sensitive market when it comes to risk appetite, so keep that in mind.
- FX Empire
GBP/JPY Price Forecast – British Pound Breaks Out Against Japanese Yen
The British pound broke above the recent consolidation area that we had been in, showing signs of life finally. This is a market that continues to be noisy but looks to be positive. Unfortunately, there was more US/China trade noise overnight.
- FX Empire
GBP/JPY Weekly Price Forecast – British Pound Continues Flagging
The British pound has gone back and forth during the week against the Japanese yen as we continue to hover around the ¥140 level. This is an area that is crucial as it is the 61.8% Fibonacci retracement level, and as the British pound is historically cheap, there is a lot of interest here.
- FX Empire
GBP/JPY Price Forecast – British Pound Continues To Consolidate
The British pound continues to consolidate in general against the Japanese yen as we await some type of movement when it comes to Brexit. At this point, the market continues to dance around the ¥140 level, an area that attracts a lot of attention.
- FX Empire
GBP/JPY Price Forecast – British Pound Fails To Break Out
The British pound rallied initially during the trading session on Monday, reaching towards the crucial ¥141.50 level. However, we have been turned around completely as what was once optimism about the conversation of the weekend involving the United States and China has been overshadowed by pessimism.
- FX Empire
GBP/JPY Weekly Price Forecast – British Pound Resilient During The Week
The British pound has remained rather resilient during the week, as we continue to hang around the ¥140 level. At this point, it looks as if the market is trying to build up the necessary momentum to finally go higher.
- FX Empire
GBP/JPY Price Forecast – British Pound Continues Chopping Against Japanese Yen
The British pound continues to go back and forth against Japanese and, as we reached above the ¥140 level. At this point in time, the market looks as if it is ready to continue the same action that we have seen for several days.
- FX Empire
GBP/JPY Weekly Price Forecast – British Pound Choppy Against Japanese Yen
The British pound has gone back and forth during the course of the week, testing the ¥140 level, and when you look at the daily chart, it is forming a pennant or symmetrical triangle, depending on how you look at it.
- FX Empire
GBP/JPY Price Forecast – British Pound Continues To Press Resistance
The British pound continues to show signs of underlying demand, as the market has been grinding around the ¥140 level for some time. After the initial surge higher, it now looks as if the market is prepared to digest those gains.
- FX Empire
GBP/JPY Weekly Price Forecast – British Pound Slamming Into Resistance
The British pound continues to drive into the ¥140 level which is massive resistance. This week was a bit quiet, as it looks like on the daily chart the pair is trying to form a bit of a bullish flag.
- FX Empire
GBP/JPY Price Forecast – British Pound Consolidates Yet Again
The British pound consolidated a bit during the training session on Friday against the Japanese yen, as we continue to form a major consolidation area right around the ¥140 level.
- FX Empire
GBP/JPY Price Forecast – British Pound Continues To Grind Against Japanese You
The British pound has gone back and forth during the trading session on Thursday as we continue to see a lot of choppy behavior. That being said, the market is starting to form a larger flag pattern, and that of course is very bullish at this point.
- FX Empire
GBP/JPY Price Forecast – British Pound Bounces After Initially Falling Against Japanese Yen
The British pound initially fell against the Japanese yen during the trading session on Tuesday but found enough support to turn things around and rally back towards the ¥140 level. Since then, it has been relatively quiet which makes sense considering that the number is such an important level.
- FX Empire
GBP/JPY Price Forecast – British Pound Rallies To Kickoff Week
The British pound rallied a bit against the Japanese yen on Monday, showing signs of life again. This is a market that is very risk sensitive, so it will be interesting to see how this plays out. Remember, the Japanese yen is considered to be a safety currency.
- FX Empire
GBP/JPY Weekly Price Forecast – British Pound Shows Signs Of Resistance
The British pound initially try to rally during the week but then gave back a bit to show signs of exhaustion. We are currently trading at the 61.8% Fibonacci retracement level, which of course is an area that a lot of technical traders will pay attention to.
- FX Empire
GBP/JPY Price Forecast – British Pound Drifting Lower
The British pound has drifted a little bit lower during the trading session on Friday against the Japanese yen as the market continues to struggle for traction. That being said though, selling this pair is going to be extraordinarily difficult.
