British Pound/Japanese Yen (GBP/JPY) Exchange Rate
GBP/JPY Pivot Points
GBP/JPY Latest Updates
Start the week of June 29, 2020 with our Forex forecast focusing on major currency pairs here.
While the UK economy is predicted to contract by 10.2% in 2020, matching the Eurozone, it is above forecasts for France, Italy, and Spain, and expected to drop by 12.5%, 12.8%, and 12.8%, respectively.
Get the weekly Forex forecast for major currency pairs for the week of June 6, 2020 here.
Get the weekly Forex forecast for major currency pairs for the week of May 24, 2020 here.
While yesterday’s news regarding a promising Covid-19 vaccine sparked risk-on sentiment, allowing the GBP/JPY to accelerate out of its support zone as demand for the safe-haven
In a positive development, the Cabinet Office is realistic about market developments.
After the GBP/JPY stability for several trading sessions, after reaching the 135.75 resistance, the highest level in a month
Japan released its first-quarter Tankan Survey, which showed service sector resilience.
The British pound has fallen rather hard during the month of March, as a complete “risk off” feel has enveloped most of the markets anyway.
Get the weekly Forex forecast for major currency pairs for the week of March 23, 2020 here.
A £350 billion war-time like rescue package was announced by the UK to combat the economic fallout from Covid-19.
Get the weekly Forex forecast for major currency pairs for the week of March 16, 2020 here.
Get the weekly Forex forecast for major currency pairs for the week of March 9, 2020 here.
Get the weekly Forex forecast for major currency pairs for the week of March 2, 2020 here.
Japanese companies face intense disruptions related to Covid-19, impacting a wide range of sectors, from tourism to technology.
Brexit will be officially complete at midnight Brussels time, granting the first step of the freedom the UK voted for.
After this currency pair was able to bounce off of its descending 61.8 Fibonacci Retracement Fan Support Level, it managed to eclipse its short-term resistance zone.
Geopolitical tensions are on the verge of escalating in the Middle East after the US killed a top Iranian general in Iraq.
The British pound has pulled back significantly during the trading session on Monday again, as we continue to see the British pound lose its value overall.
The British pound has broken down rather significantly during the trading session on Tuesday, which is probably overdue after the knee-jerk reaction of the election.