GBPJPY

In this section, you will find our latest GBPJPY news and analysis, you will also be able to read about its history, and find a live chart for technical analysis. 

What is GBPJPY?

GBPJPY is the forex pair that shows investors how many Japanese Yen (JPY) are needed to buy a British Pound (GBP). The Pound is one of the most traded currencies in the world, while the Japanese Yen is just behind the USD and EUR in terms of trading volumes. Japanese Yen is a safe haven currency and is often used as a funding currency of trade because it is a low yielding currency.

Related currencies: GBPCADGBPCHFGBPINRGBPJPYGBPUSD.

GBPJPY is a volatile pair. Since the British economy is one of the largest economies in Europe and the sixth-largest economy in the world, the GBPJPY pair can be considered as a proxy for global economic health. The Japanese economy, on the other hand, is the third economy in the world just behind the USA and China. GBPJPY performs like a representer for market ‘risk-off’ moves as the carry trade gets reversed. On our website, you can find the latest GBPJPY news and GBPJPY forecasts.

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Hot News

FTSE 100

GBPJPY Looks for Breakout as Brexit Deal Inches Closer

GBPJPY was trading higher on Thursday as Brexit talks come down to fishing rights. The pair is also benefiting from a continued rise in stock markets which is lowering the desire for safe havens like the Yen.

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GBPUSD Under Pressure Ahead of PM Johnson Speech

GBPJPY Retreats from 140 Ahead of New Brexit Talks

GBPJPY is drifting lower for a second day as the UK and EU restart in-person Brexit talks this weekend. The talks went virtual after a member of the EU side tested positive for the coronavirus.

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FTSE 100

GBPJPY Jumps Four Big Figures on Safe-Haven Dump

One of the biggest performers so far this week in the FX market is the GBPJPY cross. The pair benefited from positive economic data from the United Kingdom and from investors selling safe-haven currencies. Moreover, the technical picture reveals a possible double bottom formation at 125 with a measured move […]