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: GBPCAD – GBPCHF – GBPINR – GBPJPY – GBPUSD.
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.
Live Chart
Hot News
Amid a rising number of confirmed cases of the coronavirus, the Nikkei 225 closed with a 227.4-point or 0.99% profit at 23,205.2. On the other hand, the Hang Seng Index continued to trade in the red today but losses were not as dire as yesterday. As of this writing, Hong [...]
Asian Equities Markets Were Mixed Today Asian markets were mixed in today's trading. The Hang Seng Index is trading lower by over 804.2 points or 2.86% at 27,150. This is the first day since the start of this week that Hong Kong markets opened. Therefore, this is the first time [...]
GBPJPY continues to consolidate this Monday as the European Council President Donald Tusk has confirmed a Brexit extension until 31 January 2020. Tweeting via his verified Twitter handle, Tusk said: "The EU27 has agreed that it will accept the UK's request for a #Brexit extension until 31 January 2020. The...
This is freemium content. Use
Facebook or
Google, or type in your details, to create your account in seconds.
Log In Register
[nextend_social_login style="icon"]
GBPJPY has briefly moved below the 140.00 mark after PM Boris Johnson threatened to abandon its Brexit deal if deputies vote down its three-day timetable to get it through Parliament before the October 31st deadline. Special free webinar for traders: Price Action & Market Structures for 2019. Register now. In...
This is freemium content. Use
Facebook or
Google, or type in your details, to create your account in seconds.
Log In Register
[nextend_social_login style="icon"]
The much expected Brexit Super Saturday ended up as an anti-climax. Voting was disrupted by an amendment put forward by Sir Oliver Letwin, asking for a delay in the House of Common vote so that the relevant laws necessary for Brexit implementation could be passed. This motion was passed by [...]
The GBPJPY experienced an initial surge earlier today on reports that a Brexit deal had been agreed by negotiating parties. However, the pair has begun to trade off its daily highs after the Democratic Unionist Party (DUP) expressed reservations a short while ago about the new Brexit deal. The GBPJPY [...]
The British Pound (GBPJPY) has risen sharply over the last few days vs. the Japanese Yen, and moments ago, the price tried to take out the September 20 high of 135.75. The move higher in GBPJPY was triggered by comments by the President of the European Council, Donald Tusk. At [...]
The British Pound (GBPJPY) received a boost this morning as the UK Supreme Court ruled against the UK government’s suspension of parliament. The UK parliament can now be recalled and MPs could get back to work. GBPJPY saw a swift bounce in price from 134.15 to 134.63 on the news, [...]
What are the key economic news releases for the week? Monday has no news releases of note, so Tuesday is when things will kick off, starting with the Average Earnings Index from the UK at 8.30am GMT. At 12.30pm GMT, the CPI data as well as its core component will [...]
The British Pound sold off against the Swiss Franc on the back of more safe-haven buying, on the back of poorer-than-expected GDP results from the United Kingdom. The UK GDP came in at 1.2%, which was lower than the market consensus of 1.4%. This preliminary GDP results adds to the [...]
