This weekly currency playbook series starts with a look at the GBPJPY, which saw a lot of movement in the...
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.
The GBP/JPY exchange rate moved sideways on Thursday morning as investors focused on the state of the British and Japanese...
The GBP/JPY is trading flat after today’s GDP data, and the picture is that of a Pound that is inherently...
The British Pound sold off against the Swiss Franc on the back of more safe-haven buying, on the back of...
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.
The GBPJPY pair is relatively unchanged today as traders wait for key economic numbers and the BOJ interest rate decision....
GBPJPY has been trading higher after it bounced off its recent lows. If there are enough buyers in the market, we could see the currency pair rally another 500 pips in the coming trading days.
Fears that the UK would be forced to leave the EU in a no-deal situation resurfaced on Tuesday, and has...
The GBPJPY has given up the recent uptrend in price and has broken below key resistance with a threat of further losses ahead.
The GBPJPY pair bounced back today as even as the UK released weak GDP and industrial production data. It is...