GBP/JPY Price Forecasts: Bulls might find resistance at the 209.65 area
The Pound (GBP) is trimming losses against the Japanese Yen (JPY) on Friday, with the pair returning above 209.00 after bouncing at nearly two-week lows at 207.60.
  • GBP/JPY trims previous losses and returns above 209.00.
  • The broader trend remains bearish, with the Yen on track to its best performance in ten months.
  • Pound bulls are likely to be challenged at 209.65.

The Pound (GBP) is trimming losses against the Japanese Yen (JPY) on Friday, with the pair returning above 209.00 after bouncing at nearly two-week lows at 207.60. The broader trend, however, remains bearish, following a nearly 3% decline in the previous four days, and the resistance area at 209.65 is likely to challenge bulls.

The Yen corrects lower on Friday, but remains the strongest performer among the G8 currencies this week. The Japanese currency surged following the historic victory of Prime Minister Sanae Takaichi in last weekend’s elections, while the Pound struggled amid the weak UK Gross Domestic Product figures released on Thursday.

Chart Analysis GBP/JPY


Technical Analysis

The 4-hour chart shows the GBP/JPY bouncing up amid an easing bearish momentum. The Moving Average Convergence Divergence (MACD) has flipped into positive territory, and the Relative Strength Index (RSI) sits at 43.53, below the 50 midline, suggesting recovering but still subdued momentum.

Bulls are likely to meet important resistance at the 209.65 area, which is the neckline of the January 23, February 4 Double Top, right below 215.00. Further up, the next target is the February 6 low, near 211.60. Supports are at Thursday's low of 207.57 and the mid-December lows near 206.80. The Double Top's measured target is the November 21 low, at 204.30.

(The technical analysis of this story was written with the help of an AI tool.)

Japanese Yen Price This week

The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies this week. Japanese Yen was the strongest against the US Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.41% -0.24% -2.52% -0.51% -0.95% -0.43% -0.98%
EUR 0.41% 0.18% -2.19% -0.11% -0.54% -0.03% -0.58%
GBP 0.24% -0.18% -2.05% -0.28% -0.72% -0.20% -0.75%
JPY 2.52% 2.19% 2.05% 2.12% 1.66% 2.21% 1.52%
CAD 0.51% 0.11% 0.28% -2.12% -0.34% 0.09% -0.47%
AUD 0.95% 0.54% 0.72% -1.66% 0.34% 0.52% -0.06%
NZD 0.43% 0.03% 0.20% -2.21% -0.09% -0.52% -0.55%
CHF 0.98% 0.58% 0.75% -1.52% 0.47% 0.06% 0.55%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent JPY (base)/USD (quote).


يعتمد أكثر من مليون مستخدم على FXStreet للحصول على بيانات سوقية لحظية، وأدوات رسوم بيانية، ورؤى خبراء، وأخبار الفوركس. يساعد تقويمهم الاقتصادي الشامل والندوات التعليمية عبر الويب المتداولين على البقاء على اطلاع واتخاذ قرارات محسوبة. لدى FXStreet فريق يضم حوالي 60 محترفًا موزعين بين مقر برشلونة ومناطق عالمية مختلفة.
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أسعار مباشرة

الاسم / الرمز
الرسم البياني
نسبة التغيير / السعر
GBPUSD
تغيير يوم واحد
+0%
0
EURUSD
تغيير يوم واحد
+0%
0
USDJPY
تغيير يوم واحد
+0%
0

كل شيء عن FOREX

استكشف المزيد من الأدوات
أكاديمية التداول
تصفح مجموعة واسعة من المقالات التعليمية التي تغطي استراتيجيات التداول ورؤى السوق والأساسيات المالية، كل ذلك في مكان واحد.
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الدورات
استكشف دورات التداول المنظمة المصممة لدعم نموك في كل مرحلة من مراحل رحلة التداول الخاصة بك.
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الندوة الإلكترونية
انضم إلى الندوات الإلكترونية المباشرة وحسب الطلب للحصول على رؤى السوق في الوقت الفعلي واستراتيجيات التداول من خبراء الصناعة.
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