In early May when GBPJPY was trading around 143.70, I said that GBPJPY could fall sharply. The price did so and reached a low of 135.35. Read my latest outlook to find out where I think the pair will be trading next. It is free to become a member, and you will have access to all of our premium articles. Try today.
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: 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.
Fears that the UK would be forced to leave the EU in a no-deal situation resurfaced on Tuesday, and has...
The Governor of the Bank of England, Mark Carney, took center stage to respond to questions from members of the...
GBPJPY breaks below the 128 mark a level that we haven’t seen since November 2016 after disappointing UK GDP figures....
The British Pound sold off against the Swiss Franc on the back of more safe-haven buying, on the back of...
What are the key economic news releases for the week? Monday has no news releases of note, so Tuesday is...
The British Pound (GBPJPY) received a boost this morning as the UK Supreme Court ruled against the UK government’s suspension...
The British Pound (GBPJPY) has risen sharply over the last few days vs. the Japanese Yen, and moments ago, the...
The GBPJPY experienced an initial surge earlier today on reports that a Brexit deal had been agreed by negotiating parties....
The much expected Brexit Super Saturday ended up as an anti-climax. Voting was disrupted by an amendment put forward by...