GBPJPY sitting at resistance – Is a drop to 193.360 likely?GBPJPY is sitting right at a key daily resistance zone. This is a level where it has struggled to break through and reversed strongly to the downside. So this makes it definitely one to monitor, especially if you’re eyeing potential short setups.
If we start seeing signs that the price is getting
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
GBP/JPY Rising Within Ascending Channel – Target in SightGBP/JPY is currently moving within an ascending channel, where price action is forming higher highs and higher lows. This pattern indicates a steady uptrend.
At the moment, the pair is approaching the upper boundary (resistance line) of the channel. Based on the current momentum and structure, we e
GBP-JPY Correction Ahead! Buy!
Hello,Traders!
GBP-JPY will soon make
A retest of the rising support
Line and as we are bullish
Biased we will be expecting
A local bullish correction
Buy!
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GBP/JPY Best Place To Buy Very Clear , Let`s Get This 200 Pips !Here is my 4H T.F Chart and if we check we will see that we have a very good support area very near the price now and we have already a good breakout and the price never retest the broken res and new supp so i`m waiting the price to retest it and give me any bullish price action and then we can buy
GBPJPY SHORT DAILY FORECAST Q3 D4 W27 Y25GBPJPY SHORT DAILY FORECAST Q3 D4 W27 Y25
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Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
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GBPJPY Breakout and Potential RetraceHey Traders, in the coming week we are monitoring GBPJPY for a buying opportunity around 196.600 zone, GBPJPY was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 196.600 support and resistance zone.
Tr
GBPJPY Surges as Trade Tensions Weaken YenGBPJPY Surges as Trade Tensions Weaken Yen
GBPJPY remains firmly in a bullish trend, having broken through two key resistance levels.
The first breakout occurred at 196.80, followed by a decisive move above 198.75 on Monday, signaling accelerating bullish momentum.
On July 7, the White House iss
GBP/JPY At Selling Area , Can We Sell It Now To Get 150 Pips ?Here is my opinion on GBP/JPY , The price at daily res area that forced the price to go down very hard last time and now the price retesting it , i want to see a good bearish price action on 4H T.F To get A Confirmation to can sell and i feel safe , we can enter now a sell trade with small lot size
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
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.
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.