GBP / JPY Forecast & Live Analysis

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Market Analysis & Outlook

UPDATED: 17:38 PST

Current Trend: GBP / JPY is showing a Moderate Bullish bias with a technical score of 2/25.

Volatility: Today's range is 131 pips (ADR: 196 pips). Volatility is Normal.

Seasonality: Historically, February is Bullish for GBP / JPY (Win Rate: 75%).

Latest Intelligence

AUD/JPY, EUR/JPY, GBP/JPY: The good, the cautious and the heavy - FOREX.com AUD/JPY, EUR/JPY, GBP/JPY: The good, the cautious and the heavy FOREX.com Feb 18, 21:08 • Google News GBP/JPY Coiled Like a Spring – Breakdown Could Be Brutal for FX:GBPJPY by AM_AlphaTrading - TradingView GBP/JPY Coiled Like a Spring – Breakdown Could Be Brutal for FX:GBPJPY by AM_AlphaTrading TradingView Feb 19, 23:37 • Google News GBP/JPY Weekly Outlook - Action Forex GBP/JPY Weekly Outlook Action Forex Feb 20, 23:23 • Google News USD/ZAR, USD/MXN and GBP/JPY Forecast – Carry Trade Struggling on Tuesday - FXEmpire USD/ZAR, USD/MXN and GBP/JPY Forecast – Carry Trade Struggling on Tuesday FXEmpire Feb 17, 07:04 • Google News GBP/JPY edges higher on strong UK data, softer Japan CPI caps Yen - FXStreet GBP/JPY edges higher on strong UK data, softer Japan CPI caps Yen FXStreet Feb 20, 05:45 • Google News

About GBP / JPY

British Pound (GBP)

Central Bank:

Bank of England ➚

Nickname:

Sterling

Key Driver:

Services PMI

Interest Rate:

3.75%

Japanese Yen (JPY)

Central Bank:

Bank of Japan ➚

Nickname:

Yen

Key Driver:

JGB Yields

Interest Rate:

0.5%

Quick Q&A

What is the current trend for GBP / JPY?

The current trend for GBP / JPY is Bullish with a score of 2.

What is the daily volatility for GBP / JPY?

Today's volatility range is 131 pips.

What are the key support and resistance levels for GBP / JPY?

Key resistance is at 209.6897 and support is at 208.1923.

Trend Matrix

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Key Technical Levels

Res 3	210.9010❐
Res 2	210.1523❐
Res 1	209.6897❐
PIVOT	208.9410
Sup 1	208.1923❐
Sup 2	207.7297❐
Sup 3	206.9810❐

Levels calculated dynamically based on current Price & Volatility.

Daily Structure

Swing High	209.6140
Swing Low	215.0080
61.8% Retr.	211.6750
Extension	216.4750

Interest Rate Delta

GBP (3.75%) JPY (0.5%)

Differential: 3.25%

Seasonality (FEB)

HISTORIC WIN RATE

75%

AVG RETURN

+0.76%

Top Correlations

EUR/JPY	0.87
CAD/JPY	0.79
GBP/CAD	0.64
USD/JPY	0.6
CHF/JPY	0.55