GBP/JPY Price Forecast: Stalls at 213.00 as bearish flag looms
The GBP/JPY consolidates around 213.00 for the second straight day, losses 0.09%, snapping a four-day streak of consecutive gains as traders clash with key resistance at the March 11 peak at 213.31.
  • GBP/JPY capped below 213.31 as range trading extends nine days.
  • Bearish flag pattern hints at downside risk if support breaks.
  • Move above 213.00 targets 215.00, below 212.00 exposes deeper losses.

The GBP/JPY consolidates around 213.00 for the second straight day, losses 0.09%, snapping a four-day streak of consecutive gains as traders clash with key resistance at the March 11 peak at 213.31.

GBP/JPY Price Forecast: Technical Outlook

The technical picture shows GBP/JPY trading within the 211.00-213.00 range over the last 9 days, range-bound amid the lack of a clear catalyst. Additionally, it remains within a bearish flag, which, if confirmed, could open the door for further downside.

Momentum, as measured by the Relative Strength Index (RSI), is bullish, but the slope is trending lower, indicating neither buyers nor sellers are in charge.

For a bullish continuation, the GBP/JPY must clear the top of the range at 213.00. Once surpassed, the next stop would be the year-to-date (YTD) high at 215.00.

Downwards, the first area of interest would be the 212.00 figure, right around the bottom trendline of the bearish flag. A breach of the latter will expose the 50-day Simple Moving Average (SMA) at 211.42, ahead of testing the March 16 swing low of 210.81.

GBP/JPY Price Chart – Daily

GBP/JPY Daily Chart

Australian Dollar Price This week

The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies this week. Australian Dollar was the strongest against the New Zealand Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.01% -0.19% 0.19% 0.95% 1.55% 0.96% 0.76%
EUR 0.01% -0.15% 0.24% 0.97% 1.56% 0.99% 0.78%
GBP 0.19% 0.15% 0.34% 1.14% 1.73% 1.15% 0.88%
JPY -0.19% -0.24% -0.34% 0.72% 1.34% 0.74% 0.46%
CAD -0.95% -0.97% -1.14% -0.72% 0.61% 0.02% -0.20%
AUD -1.55% -1.56% -1.73% -1.34% -0.61% -0.58% -0.85%
NZD -0.96% -0.99% -1.15% -0.74% -0.02% 0.58% -0.27%
CHF -0.76% -0.78% -0.88% -0.46% 0.20% 0.85% 0.27%

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 Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote).

Über eine Million Nutzer verlassen sich auf FXStreet für Echtzeit-Marktdaten, Charting-Tools, Experteneinblicke und Forex-News. Der umfassende Wirtschaftskalender und die Bildungs-Webinare helfen Tradern, informiert zu bleiben und fundierte Entscheidungen zu treffen. FXStreet wird von einem Team von rund 60 Fachleuten getragen, verteilt auf den Hauptsitz in Barcelona und verschiedene Regionen weltweit.
Weiterlesen

LIVE-KURSE

Name / Symbol
Diagramm
% Änderung / Preis
GBPUSD
1 T Änderung
+0%
0
EURUSD
1 T Änderung
+0%
0
USDJPY
1 T Änderung
+0%
0

ALLES ÜBER FOREX

Entdecken Weitere Tools
Trading‑Akademie
Entdecken Sie eine große Auswahl an Lernartikeln zu Handelsstrategien, Markteinblicken und finanziellen Grundlagen – alles an einem Ort.
Mehr erfahren
Kurse
Entdecken Sie strukturierte Trading‑Kurse, die Ihr Wachstum in jeder Phase Ihrer Handelsreise unterstützen.
Mehr erfahren
Webinare
Nehmen Sie an Live‑ und On‑Demand‑Webinaren teil, um in Echtzeit Markteinblicke und Handelsstrategien von Branchenexperten zu erhalten.
Mehr erfahren