GBP JPY

GBP/JPY is an important 'minor' FX pair, featuring the Great British pound against the Japanese yen – the third and fourth most-traded currencies globally. See where pound sterling might move against the yen next with our expert analysis.

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EUR/JPY, GBP/JPY: Rate differentials matter, politics don’t

French political chaos grabs headlines, but EUR/JPY and GBP/JPY aren't flinching. Rate differentials are steering the ship. Are morning star patterns signalling a reversal? We break down setups cutting through the noise.

Crude Oil, GBPJPY Forecast: Ceasefire Potential, Trump Tariffs, and Inflation Rates

Crude Oil, GBPJPY Forecast: The lingering effects of Trump-era policies continue to shape broader market trends. Expectations of war resolutions are pressuring oil prices into a neutral stance, while tariff policies are fueling volatility across the US dollar rally.

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Japanese Yen Technical Outlook: USD/JPY, EUR/JPY, GBP/JPY

Yen weakness has hung around and USD/JPY and GBP/JPY both retain bullish appeal. But for those looking for Yen-strength, perhaps in anticipation of next month’s policy review from the BoJ, EUR/JPY could hold greater attraction.

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British Pound Technical Forecast: GBP/USD, GBP/JPY

It was a brutal week for the British Pound, with fresh four-month lows in Cable as GBP/JPY put in a late-week breakdown.

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Japanese Yen Technical Analysis: USD/JPY, EUR/JPY, GBP/JPY

USD/JPY has continued to rally up to fresh three-month-highs, but EUR/JPY has started to build bearish structure. Meanwhile a bull pennant has formed in GBP/JPY.

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November 14, 2024 09:03 PM
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EUR/JPY, GBP/JPY: Key levels with risks skewing to the downside

EUR/JPY and GBP/JPY on sitting on shaky ground. Momentum’s fading, and risks are skewing to the downside as we enter a quieter macro week.

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November 8, 2024 05:43 AM
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USD/JPY, EUR/JPY, GBP/JPY: Japanese Yen Technical Analysis

Yen-weakness has remained through Japanese general elections and both EUR/JPY and GBP/JPY have put in clean breakout moves from ascending triangle formations.

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British Pound Forecast: GBP/USD, GBP/JPY

It’s been tough sledding for Cable so far in Q4, but bulls have started to show defense of a major psychological level. Meanwhile, GBP/JPY is holding on to a bullish breakout setup as we go into next week.

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EUR/JPY, GBP/JPY Technical Forecast: Yen Crosses Look Poised for Bullish Breakouts

EUR/JPY and GBP/JPY traders have already priced in the current projected path of interest rates from the ECB, BOE, and BOJ, so the main market driver moving forward will be how those expectations evolve.

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GBP/JPY, AUD/JPY: Carry trades flock to FX outperformers as hard landing risks recede

With market concerns surrounding a hard economic landing in the US diminishing, it has allowed Japanese yen carry trades to be reestablished, seeing capital flow towards parts of the world that are currently outperforming. The UK is one place that fits that bill, seeing GBP/JPY take out an important resistance level on the charts. Its breakout may act as a lead indicator for AUD/JPY.

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September 3, 2024 02:23 AM
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Japanese Yen Forecast: The EUR/JPY and GBP/JPY Moves that Could Kick the Carry Trade Unwind into Overdrive

The massive “yen carry trade” unwind was technically- and sentiment-driven, and could absolutely run further after pausing for a few weeks. EUR/JPY and GBP/JPY are in play.

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GBP/USD, GBP/JPY: UK CPI in focus after soft prints from NZ, CA

The UK's 1-month OIS suggests ~48% chance of a 25bp cut from the BOE next month, which means today's inflation report is likely a key driver for GBP/USD on monetary policy expectations.

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July 17, 2024 05:34 AM
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Japanese yen carry trades receive boost from Fed, US CPI: GBP/JPY, NZD/JPY setups

Soft US inflation and stability in the Fed interest rate outlook point to an ideal environment for renewed upside in Japanese yen FX crosses, assuming prevailing conditions don't shift meaningfully. GBP/JPY and NZD/JPY are two pairs on the radar.

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June 13, 2024 06:18 AM
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AUD/USD rises into RBA, GBP/JPY, gold look set to bounce: Asian Open

Both gold and GBP/JPY are showing signs of stability around key support levels to suggest they could extend their bounce. But with AUD/USD rising for four days on anticipation of a hawkish RBA, whether AUD/USD can extend its rally beyond resistance is up for question.