GBP/JPY Price Forecast: Slides from yearly highs, towards 212.00
The British Pound drops versus the Japanese Yen as the Friday’s Asian session begins, courtesy of Japanese authorities’ verbal intervention, which boosted the Asian currency. The GBP/JPY trades at 212.20 after falling from yearly highs near 214.30.
  • GBP/JPY retreats from 214.30 as verbal intervention by Japanese authorities strengthens the Yen.
  • Bearish candlestick patterns and falling RSI signal a short-term momentum shift lower.
  • A break below 212.00 targets 211.42 and 210.00, while 213.31 caps near-term upside.

The British Pound drops versus the Japanese Yen as the Friday’s Asian session begins, courtesy of Japanese authorities’ verbal intervention, which boosted the Asian currency. The GBP/JPY trades at 212.20 after falling from yearly highs near 214.30.

GBP/JPY Price Forecast: Technical outlook

The technical picture shows that the GBP/JPY uptrend is poised to continue, despite the ongoing pullback. It should be said that the pair dipped as a ‘bearish harami’ two candle pattern emerged near yearly highs, followed by a subsequent bearish candle that pushed the cross to new three-day lows of 212.00.

Momentum favors sellers as the Relative Strength Index (RSI) retreated from overbought territory, triggering a sell signal.

If GBP/JPY extends its losses decisively below 212.00, then it could challenge the 20-day SMA at 211.42. Once surpassed, traders will eye 210.00.

Conversely, if the cross-pair rises past the January 15 high of 213.31, the next key resistance would be the yearly peak at 214.29.

GBP/JPY Price Char — Daily

GBP/JPY Daily Chart

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 Swiss Franc.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.20% 0.14% 0.30% -0.19% -0.29% -0.24% 0.31%
EUR -0.20% -0.07% 0.18% -0.39% -0.48% -0.43% 0.10%
GBP -0.14% 0.07% 0.23% -0.32% -0.42% -0.36% 0.18%
JPY -0.30% -0.18% -0.23% -0.52% -0.63% -0.56% -0.02%
CAD 0.19% 0.39% 0.32% 0.52% -0.12% -0.04% 0.50%
AUD 0.29% 0.48% 0.42% 0.63% 0.12% 0.06% 0.60%
NZD 0.24% 0.43% 0.36% 0.56% 0.04% -0.06% 0.52%
CHF -0.31% -0.10% -0.18% 0.02% -0.50% -0.60% -0.52%

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).

Acuity Trading 是一家成立于 2013 年、总部位于伦敦的金融科技公司,专注于 AI 驱动的另类数据和情绪分析,用于交易与投资。他们以可视化新闻和情绪工具革新在线交易体验,如今持续以最新的 AI 研究与技术提供可产生阿尔法的另类数据与高度互动的交易工具。
阅读更多

实时报价

名称 / 代码
图表
涨跌幅 / 价格
NVDA/NAS
1日涨跌幅
+0%
0
ON/NAS
1日涨跌幅
+0%
0
MSFT/NAS
1日涨跌幅
+0%
0

关于 FOREX 的一切

探索更多工具
交易学院
浏览涵盖交易策略、市场洞察和金融基础知识的广泛教育文章,一站式学习。
了解更多
课程
探索结构化的交易课程,旨在支持您在交易旅程的每个阶段的成长。
了解更多
网络研讨会
参加现场和点播网络研讨会,从行业专家那里获得实时市场洞察和交易策略。
了解更多