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GBP/JPY - British Pound Japanese Yen

Real-time Currencies
Currency in
JPY
Disclaimer
199.71
+0.02(+0.01%)
Real-time Data

GBP/JPY Discussions

Dive baby
Thanks to God, accumulated my gain amd left market till next week
Weekly low of 198.9 from Monday was tested and seems to have held. It is now hovering around this week's opening 199.3. If this level holds, it might get back to 200.2-200.3 today which is around today's opening, and also 0.5% above the week's opening. This could open further upward movement next week. First target could be 202.7, which is 1% above May's high... although I am not entering here, as this is still Casino for me, will wait further. If the weekly low doesn't hold, it might pullback further to 2% of this month's high to the 197.2-197.3 area and test the monthly low. Of course we cannot discount the BoE's decision next week in the short term. Long term over the next few months seems bullish, but its still Casino like, so I continue to stay away.
198.900 support if broken then 197.300 good for buyers entry
US session will pump this above 200 today
This move down is just pound weakness, the Yen is still a sell, just a matter of time before it reverses and goes up again breaking the high, also there was lots of new retail buying the top and some getting MC, so just a small retrace to the downside to get rid of them, then we continue making new highs
Brought 199.20
Buy from here T.p 201.500
Tp1 196.250
Yep i agree with you, if it doesnt go down to 195 otherwise gonna up again
This pair is so stubborn because of this GBP please come one big bad news like brexit for this pair to crash 💥 down hard
🤣
Broke 199.7, i believe to see 195 or atleast 197 now
1st to pass 199.30
It hasn't been conclusively broken. We would need further confirmation. I believe this is just the 1% retracement to the 199.2-199.6 range from yesterday's and today's high 201.6. The overall direction is still up, although this pair is difficult to predict at the moment.
stairs up, elevator down
seems rally is just of winding position beware of trap jpy is always danger
all bulls are roasted
Interesting, USD, JPY and CHF are strenghtening, but it seems JPY would be the strongest among them from now on. I think it's because of these factors: Risk Aversion: When global uncertainty rises (like now, with recession fears and geopolitical tensions), investors tend to flock towards "safe-haven" currencies. Both the US Dollar (USD) and Swiss Franc (CHF) are considered safe havens, explaining their strength. The Japanese Yen (JPY) has historically ALSO been a safe haven, making it particularly sensitive in this climate. Carry Trade Unwinding: This is KEY to understanding the JPY's outperformance. The carry trade involves borrowing in a low-yielding currency (for years, that's been the JPY) to invest in higher-yielding assets elsewhere. When risk aversion spikes, these trades are unwound (investors buy back JPY to repay loans), pushing its value up SHARPLY. BOJ News Amplifies This: While Ueda's comments hint at potential future tightening, the CURRENT reality is still very low Japanese interest rates. This makes the JPY the ideal funding currency for carry trades. ANY news that even slightly increases the odds of BOJ tightening will trigger more aggressive unwinding, hence the JPY's jump. Rate cuts elsewhere, while the BOJ remains on hold, make the interest rate differential between Japan and other economies even wider. That makes yen crosses like EURJPY and GBPJPY bleed even more than USDJPY. Don't believe me watch what happened with the yen during 2008 financial crisis
C mon break 199.8
Lets see if its gonna be waterfall or just some pullback before up again If break 199.7 we might see 195 or even 192
Dooooo iiiiit! 🤣
Rate hike by boj was not expected any dips now are just buying opportunities
if it drop 500pips will he still that way?? he was being garbage to think that way
Yr frustrated little girl I've lost alot go get yourself a lollipop
Yr frustrated little girl uve lost alot go get yourself a lolli pop
is it sell or buy?
Just be careful on 19th June is bank holiday in USA and we all know how BOJ working
And BOE might cut rates next week due to elections on 4th July so be mindfull how you buy
Don't be so hopefull on the boj taking any action
Better to be careful then to regret:)
So we r definitely heading to 209
Mid July don't worry it won't go up today
Dats short term target any dip to b bought we target 209 den dats a place we decide if we go down
Yeah baby go back to the bottom line made enough money this morning :))
sell 201.59 sl 202
this pair crazy
202.58 minimum today
You are just speculating on here where is your analysis. I am sure if guys follow your trade setup they will lose always. Show the profits you made from all this your speculations lol
Sell It Will Come Down
GBPJPY buy or sell right now please
Buyyy. Strong buyyy
Don't sell Any JPY pair ,daily move 50-60 pip higher than previous high
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