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.
The Asian session is one of the three prominent forex trading sessions. While most traders focus on the other two…
The GBP/JPY exchange rate moved sideways on Thursday morning as investors focused on the state of the British and Japanese…
The GBP/JPY price pulled back slightly on Thursday as investors reflected on the recent economic data from the UK. The…
The GBP/JPY is trading flat after today's GDP data, and the picture is that of a Pound that is inherently…
The GBP/JPY has lost all its previous gains of the day and is now trading 0.5% lower after the Bank…
The GBP/JPY price pulled back sharply during the Asian session as investors watched the ongoing policy divergence between the BoE…
The GBP/JPY is slightly higher this Thursday after the Bank of Japan maintained its ultra-dovish monetary policy as widely expected.…
The GBP/JPY price is in a recovery mode as investors focus on the actions by the Bank of England (BOE)…
The GBP/JPY price moved sideways after the relatively strong UK retail sales data published in Wednesday morning. The GBP to…
The GBP/JPY price is holding steady as the divergence between the Bank of Japan (BOJ) and the Bank of England…
The British Pound has lost ground against the Euro after the Bank of England (BoE) announced this Tuesday that its…
This weekly currency playbook series starts with a look at the GBPJPY, which saw a lot of movement in the…