GBPJPY | British Pound (GBP) to Japanese Yen (JPY) Rate in the Forex market

Only a decisive break above 1.3518 and consolidation above the 21 SMA and above the downtrend channel could support a recovery in GBP/USD, potentially reaching the 200 level around 1.3552...

The GBP/JPY pair fell below the 211.00 level amid renewed rumors of possible government intervention aimed at supporting the Japanese yen. However, spot prices quickly recovered, rebounding from the 210.75...

On Monday, the British pound slightly strengthened against the Japanese yen, breaking a two-day losing streak. This strengthening occurred amid renewed tensions in the Strait of Hormuz, which contributed...

In the coming days, a generally sideways movement is expected for the euro. After a likely rise and rebound from the resistance zone, a reversal and the beginning...

GBP/JPY continues to move confidently within a long-term uptrend, driven by the fundamental weakness of the yen. The pound, in turn, is supported by hawkish expectations, although tomorrow's GDP data...

Risks surrounding the Strait of Hormuz situation are increasing economic concerns, undermining the Japanese yen and supporting the pair. At the same time, fears of intervention are preventing yen bears...

Concerns about intervention and expectations of a Bank of Japan rate hike are supporting the Japanese yen, limiting the pair's upside. Hawkish expectations for the Bank of England...

In the upcoming week, price fluctuations of the euro are expected to shift mainly into a sideways range. In the first half of the week, a rise in quotes toward...

In the coming week, the euro pair is expected to move sideways within calculated opposing zones. At the beginning of the week, there is a high probability of a downward...

Given that the British pound is under downward pressure, we could expect it to continue falling in the coming days until it reaches the lower band of the downtrend channel...