The GBPJPY was higher for a fifth consecutive day as the pound continued to bounce from a recent sell-off. 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 GBPJPY was slightly higher on Monday as the market reacts to the sudden departure of Japanese Prime Minister Shinzo...
GBPJPY was trading higher by 0.25% on Monday despite stronger than expected GDP data from the Japanese economy. The pound is stronger after two key Brexit aides left the government.
The GBPJPY has ralled over the last two weeks to test resistance levels but today’s selling ahead of employment data...
One of the biggest performers so far this week in the FX market is the GBPJPY cross. The pair benefited...
GBPJPY was trading higher on Thursday as Brexit talks come down to fishing rights. The pair is also benefiting from a continued rise in stock markets which is lowering the desire for safe havens like the Yen.
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.
GBPJPY was 0.30% lower on the day after improved industrial production and retail sales data from the Japanese economy. Industrial...
GBPJPY has briefly moved below the 140.00 mark after PM Boris Johnson threatened to abandon its Brexit deal if deputies...
The GBPJPY was 0.30% lower despite Japanese inflation printing at 0%. The figures come ahead of the latest meeting of...