GBPJPY – Building Momentum for a Breakout👋Hello smart and wealthy traders! Let’s take a look at OANDA:GBPJPY today.
The pair continues its accumulation phase with a slight upward move, currently trading around 203.80, approaching the key resistance zone near 204.00.
We can clearly see a solid bullish structure, supported by a strong
About British Pound / Japanese Yen
The British Pound (GBP) vs. the Japanese Yen (JPY) is a highly volatile pair. JPY is often used as a funding currency of a trade because it’s historically a low yielding currency. Since UK is one of the larger economies in Europe, the GBPJPY pair can be considered as a proxy for worldwide economic health. On the other hand, this pair performs like a representer for market 'risk-off' moves as the carry trade gets reversed. As a result, GBPJPY is able to develop strong trends that exceed thousands of pips.
Related currencies
GBPJPY Rebounds from Support — Eyeing 204.00 and 205.00 TargetsGBPJPY Rebounds from Support — Eyeing 204.00 and 205.00 Targets
GBPJPY has shown a solid rebound after retesting the key 200.70 support zone, indicating strong buying pressure in that area.
The chart suggests a potential short-term pullback or correction before continuing the upward move toward t
GBP/JPY 1-hour timeframe ...GBP/JPY 1-hour timeframe — and based on my setup with Ichimoku and the trendline break:
Current price: around 202.96
The pair has broken below the ascending trendline and the Ichimoku cloud, suggesting a bearish move is expected.
I have two “Target Points” marked below current price.
From what
GBPJPY Eyes 203.000 as Risk-On Mood Weakens YenHey Traders,
In tomorrow’s trading session, we’re monitoring GBPJPY for a buying opportunity around the 203.000 zone. The pair remains in a broader uptrend and is currently in a correction phase, approaching the 203.000 support and resistance area, which aligns with the prevailing trend structure.
GBP/JPY Giving Amazing Bearish P.A , Short Valid To Get 250 PipsHere is my 4H Chart on GBP/JPY , We Have A good bearish Breakout and the price Back below my old res and we have a very good bearish Price Action on 2 And 4 Hours T.F , also the price closed below my C.T.L With clear 4H Candle and that prove that the price will continue to downside for a little and
GBPJPY H4 | Potential Bearish Drop in PlayBased on the H4 chart analysis, we can see that the price has rejected off the sell entry which is a pullback resistance and could drop from this level to the take profit.
Sell entry is at 201.96, which is a pullback resistance.
Stop loss is at 203.22, which is a pullbakc resistance.
Take profit
GBP/JPYThe price correction originated from the FVG area, where it grabbed liquidity and started moving upward. Then it tapped into the demand zone again, collected more liquidity, and continued its bullish move.
At the current stage, there are three possible scenarios:
The price hasn’t shown a clear reac
GBPJPY Forming Ascending ChannelGBPJPY is trading within a well-defined ascending channel, and price has recently reacted from the upper boundary with clear signs of rejection. This behavior signals potential profit-taking by buyers around the 205.00 psychological zone, opening room for a corrective leg back toward the channel's m
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of GBPJPY is 202.619 JPY — it has decreased by −0.08% in the past 24 hours. See more of GBPJPY rate dynamics on the detailed chart.
The value of the GBPJPY pair is quoted as 1 GBP per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 GBP.
The term volatility describes the risk related to the changes in an asset's value. GBPJPY has the volatility rating of 0.27%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPJPY showed a −0.37% fall over the past week, the month change is a 2.19% rise, and over the last year it has increased by 3.31%. Track live rate changes on the GBPJPY chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
GBPJPY is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade GBPJPY right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with GBPJPY technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the GBPJPY shows the buy signal, and 1 month rating is buy. See more of GBPJPY technicals for a more comprehensive analysis.









