GBPJPY was higher by 0.70% on Monday despite the threat of a No Deal Brexit still hanging over the pound....
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.
GBPJPY spiked lower on comments from U.K. Prime Minister Boris Johnson who told Britons to, “prepare for No Deal Brexit....
The GBPJPY has ralled over the last two weeks to test resistance levels but today’s selling ahead of employment data...
GBPJPY has been moving higher for six straight days but the pair has been rejected at the 136.50 level and...
GBPJPY was 0.30% lower on the day after improved industrial production and retail sales data from the Japanese economy. Industrial...
The GBPJPY was higher for a fifth consecutive day as the pound continued to bounce from a recent sell-off. The...
GBPJPY has fallen under the 134.00 level after the U.K. announced further lockdown restrictions blaming a rise in virus cases....
The GBPJPY is mixed on the week after reversing yesterday's losses but the weekly picture highlights the risk of further losses in the pair.
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 was moving sharply lower on the day to test support after U.K. Prime Minister Boris Johnson stated...