GBPJPY=X - GBP/JPY
| Previous close | 129.53 |
| Open | N/A |
| Bid | 129.53 |
| Day's range | 129.53 - 129.53 |
| 52-week range | 126.6550 - 149.7070 |
| Ask | 129.54 |
- FX Empire
GBP/JPY Price Forecast – British pound chops against Japanese yen
The British pound continues to go back and forth against the Japanese yen which makes quite a bit of sense considering we have so much in the way of risk out there right now. Remember, this pair will fall if there is more of a “risk off” attitude out there, and therefore it’s going to struggle to rally.
- FX Empire
GBP/JPY Price Forecast – British pound continue sideways grind
The British pound rallied a bit during the trading session on Wednesday, but also pulled back. Now that we are looking at the ¥130 level, the question then becomes whether or not we can break above there. If we do, obviously that means a lot and if we don’t, that means confirmation.
- FX Empire
GBP/JPY Price Forecast – British pound continues to weaken against Japanese yen
The British pound has fallen a bit during the trading session on Tuesday as we continue to see a lot of weakness involving global risk appetite and of course the Brexit. All things being equal it’s likely that we will continue to see this pair fall.
- FX Empire
GBP/JPY Price Forecast – British pound stalls
The British pound went back and forth during the trading session to open the week on Monday, as we continue to see a lot of questions about the Brexit. Beyond that, we have a certain amount of concern when it comes to global economics.
- FX Empire
GBP/JPY Weekly Price Forecast – British pound recovers for the week
The British pound rallied a bit during the week and reached towards the ¥130 level before rolling over slightly on Friday. Ultimately though, this is a market that is very negative and I think the sellers will continue to come back in.
- FX Empire
GBP/JPY Price Forecast – British pound rallies early in the day
The British pound rallied a bit against the Japanese yen during the trading session on Thursday, but at this point in time it’s probably more consolidation than anything else.
- FX Empire
GBP/JPY Price Forecast – British pound falls during trading on Wednesday
The British pound fell again during trading on Wednesday, breaking below the ¥128 level. This is a market that should continue to see selling pressure as this pair is so highly sensitive to risk and of course the Brexit.
- FX Empire
GBP/JPY Price Forecast – British pound stabilizes against Japanese yen
The British pound has gone back and forth during trading on Tuesday, as we continue to see a lot of negativity around the world. However, it was a reasonably stable trading session in both Asia and Europe, so it could foretell the next short-term move.
- FX Empire
GBP/JPY Weekly Price Forecast – British pound breaks significant figure
The British pound has broken down significantly below the ¥130 level during the week, and now looks poised to go even lower. This is a major breach of support and shows just how dire the situation is getting for the British pound.
- FX Empire
GBP/JPY Price Forecast – British pound breaks minor support
The British pound has broken down during the trading session on Friday, slicing through the ¥128 level, an area that has been minor support. By doing so, we are leaving the consolidation area and showing the next move.
- FX Empire
GBP/JPY Price Forecast – British pound continues to look soft
The British pound broke a bit during the trading session on Thursday, as we continue to see a lot of softness in the British pound. After all, we have the Brexit going on and of course the Japanese yen is considered to be a safety currency.
- FX Empire
GBP/JPY Price Forecast – the British pound recovers slightly
The British pound initially fell during the trading session in a bit of a “risk off” move after the Americans labeled the Chinese currency manipulators, but at this point the market has pulled back a bit from a large, round, psychologically significant figure just above.
- FX Empire
GBP/JPY Price Forecast – British pound continues to go lower
The British pound fell to kick off the week against the Japanese yen which in and of itself isn’t overly surprising. After all, we have the Brexit going on it of course there is a general “risk off” attitude around the world’s markets.
- FX Empire
GBP/JPY Price Forecast – British pound likely to bounce and offer another opportunity
The British pound bounced just a little bit during the trading session on Wednesday, as we had gotten into a bit of an oversold condition. This of course makes sense considering that there is so much out there to worry about when it comes to the Brexit and of course risk appetite in general, this bounce should be looked at as nothing more than an opportunity.
- FX Empire
GBP/JPY Price Forecast – British pound continues to fall against Japanese yen
The British pound continues to look very soft, dropping against the Japanese yen during trading on Tuesday to kick off the session. However, we have seen a bit of support show itself right around the ¥132 level, which of course is a large figure.
- FX Empire
Pound Slumps to New Two-Year as No-Deal Brexit Fears Intensify
It has been under a week since Boris Johnson became the new UK Prime Minister and already the British Pound is sinking deeper into the abyss, sliding to a two-year low against the Dollar at 1.2220.
- FX Empire
GBP/JPY Weekly Price Forecast – British pound continues to struggle
The British pound try to rally during the course of the week, but then struggled to stay above the ¥135 level. This is almost a mirror image of what we are seeing in the GBP/USD pair, as it is struggling at the 1.25 handle.
- FX Empire
GBP/JPY Price Forecast – British pound rolls over a bit against the Japanese yen
The British pound fell a bit during the trading session on Friday, testing the 20 day EMA before breaking back down again. At this point, we are more than likely going to continue to see volatility and negativity.
- FX Empire
GBP/JPY Price Forecast – British pound continues the bounce around
The British pound initially broke down during the trading session on Thursday, as we continue to see a lot of confusion around the world when it comes to risk appetite in markets in general.
- FX Empire
GBP/JPY Price Forecast – British pound continues to find resistance at the same place
The British pound try to rally during the trading session on Monday but ran into a lot of trouble at the ¥135 level, an area that of course is a large, round, psychologically significant figure as well.
- FX Empire
GBP/JPY Price Forecast – British pound fails to hang onto gains
The British pound tried to rally during the trading session on Tuesday but continues to fail to hang onto gains at the ¥135 level, so at this point it looks very likely that we are going to go much lower. Ultimately, this is a market that looks very bearish.
- FX Empire
Sterling Shaky Ahead of New UK Prime Minister Announcement
The British Pound is shaky this morning as anticipation mounts ahead of the announcement of the next Tory leader and Prime Minister.
- FX Empire
GBP/JPY Price Forecast – British pound gives up early gains on Monday
The British pound initially tried to rally during the trading session on Monday but rolled over to show signs of exhaustion. By doing so, it looks as if the ¥135 level continues to offer major resistance.
- FX Empire
GBP/JPY Weekly Price Forecast – British pound bounces slightly
The British pound initially fell during the course of the week, reaching down towards the 134 young level before bouncing significantly to form a bit of a hammer. That being the case, although it does look very bullish, the reality is that this market is oversold.
- FX Empire
GBP/JPY Price Forecast – British pound rallies against Japanese yen on Friday
The British pound rallied a bit during the trading session on Friday, reaching towards the ¥135 level. This is an area that was previous support, and now it is asking questions as to whether or not it’s going to be resistance. I must say that the candlestick looks good, but longer-term, this is a pair that could struggle.
