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

On Thursday, the GBP/JPY pair broke above the round level of 199.00. Yesterday, U.K. Chancellor Rachel Reeves stated her intention to strictly control government spending in order to reduce inflation...

Today, the GBP/JPY pair is attempting to regain positive momentum during the European session after selling off in the Asian session from just above the round level of 199.00...

The GBP/JPY pair retreated sharply from 200.25, close to the peak levels seen since July 2024, under the influence of active selling of the pound. Long-term UK bonds have climbed...

During the upcoming week, the euro is expected to move within the corridor between the nearest opposing zones. In the first days, growth of the pair and pressure on resistance...

At the start of the new week, the GBP/JPY pair showed positive momentum, approaching the psychological level of 200.00 during the Asian session. Prices remain close to the yearly high...

At the start of the coming week, the euro is most likely to move higher, followed by sideways trading along the calculated resistance boundary. Short-term pressure on the upper boundary...

Today, the GBP/JPY pair is attempting to extend its recovery, facing resistance at the 197.10 level and finding support near yesterday's resistance at 196.50. Market participants remain cautious ahead...

In the coming week, the euro is expected to maintain its upward momentum. After potentially testing the resistance zone, a reversal and downward movement toward the support zone are likely...

In the coming week, the euro is expected to continue moving sideways within a defined range between the nearest zones. Initially, the exchange rate is likely to rise until...

The GBP/JPY pair continues its upward movement, trading just below the psychological level of 199.00. The pair is gaining strength due to a weakening Japanese yen, which is under pressure...