CCY - Delayed Quote • JPY GBP/JPY (GBPJPY=X) Follow 194.3260 +0.8970 (+0.46%) As of 5:22 PM GMT+1. Market Open. All News Press Releases Hopes Of Economic Recovery Boost Sterling January’s monthly GDP in the UK was 0.2%, leading some participants to expect a quick exit from recession. GBP/JPY Price Forecast – Pound Drops Slightly Against Lowly Yen The “Dragon” has been slightly soft during the session on Monday in the early hours, however, I do believe that there are buyers underneath that are willing to get involved. USD/JPY Forecast – US Dollar Rallies Against Yen The US dollar rallied against the Japanese yen after the Bank of Japan has shown its weakness yet again. USD/JPY Forecast – US Dollar Continues to Recover Against the Yen The US dollar has bounced a bit during trading on Monday, as we continue to see it recover against the Japanese yen. However, the Bank of Japan will be speaking in less than 24 hours. GBP/JPY Forecast – Pound Pulled Back Slightly The British pound has pulled back slightly against the Japanese yen during trading on Monday, as we continue to see a lot of noisy behavior. GBP/JPY Weekly Forecast – British Pound Continues to Explode to the Upside The British pound initially pulled back during the course of the week to show signs of life, reaching down to the ¥185 level before turning back around. GBP/JPY Forecast – British Pound Breaks Through The British pound has broken out against the Japanese yen during early trading on Friday, and therefore it’s likely that we continue to drive toward the ¥190 level. GBP/JPY Forecast – British Pound Rallies a Bit The British pound rallied a bit during the trading session on Thursday, as we continue to see a lot of noisy behavior. That being said, the market is likely to continue to see a lot of back-and-forth and I do think that short-term pullbacks will be buying opportunities. GBP/JPY Forecast – British Pound Rallies Against Japanese Yen The British pound has dropped a bit during the course of the trading session early on Wednesday, only to turn around and show signs of life again. GBP/JPY Forecast – British Pound Finds Support The British pound has plunged against the Japanese yen again during the trading session on Tuesday, only to turn around and resolidify support at the ¥185 level. GBP/JPY Forecast – British Pound All Over the Place Against the Yen The British pound initially tried to rally a bit during the early hours on Monday, but then plunged to pierce the ¥185 level. GBP/JPY Weekly Forecast – British Pound Gives Up Early Gains for the Week The British pound has initially shot higher during the course of the trading week but gave back gains as we continue to question whether or not we can continue to rally in this pair. GBP/JPY Forecast – British Pound Pulled Back Against the Japanese Currency The British pound has fallen significantly during the trading session against the Japanese yen, as we have seen a lot of volatility. GBP/JPY Forecast – British Pound Pulled Back Against the Yen The British pound has pulled back a bit during the trading session on Thursday, as we continue to see a lot of volatility in this pair. GBP/JPY Forecast – British Pound Finds Buyers on Dips The British pound initially pulled back just a bit during the trading session on Wednesday, as the 187.25 level has offered a little bit of support. GBP/JPY Forecast – British Pound Continues to Rally on a Breakout The British pound has rallied significantly during the course of the trading session on Tuesday, as we have now cleared the most recent high. GBP/JPY Forecast – British Pound Continues to Threaten Yen The British pound has rallied a bit during the session on Monday, and testing the top of the recent consolidation area. GBP/JPY Forecast – British Pound Continues to Consolidate Against Yen The British pound has done very little during the trading session on Friday as we continue to see the market consolidate against the Japanese yen. GBP/JPY Forecast – British Pound Gives Up Initial Gains The British pound initially tried to rally against the Japanese yen during the trading session on Thursday, but has given up initial gains as we continue to consolidate. GBP/JPY Forecast – British Pound Continues to Rally The British pound initially fell a bit against the Japanese yen during the trading session on Wednesday, but then turned around to show signs of life again. By doing so, it looks like the market is going to continue to see volatility to the upside.
