British Pound - Yen (GBP/JPY) Forecast
Note: All indicators for the overall outlook and forecast of GBP/JPY are based on the daily forex charts and in some cases 4-hourly or weekly charts and is updated during the weekends.
GBP/JPY Outlook And Predictions
"The recent strong support is keeping the immediate outlook neutral, we will wait and watch if the recent support holds. In case this support holds and a break over 154.26 take place then the focus will turn back towards upside for a retest of 156.77. On the downside if a break below the recent 148.20 takes place then we would expect further consolidation towards 146.44/146.55."
Forecast For This Week
More Resources For Trading GBP/JPY
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For short term Forex trades, please refer to daily technical updates for British Pound/Japanese Yen at GBP/JPY Analysis
Important pages about pound Sterling / Japanese yen in the Forex blog
- Check posts about GBP/JPY.
- Any other update for GBPJPY apart from the periodic update time.
- Posts about the outlook and forecast for GBPJPY posted in the blogs.
- Posts regarding GBP/JPY Support and Resistance for expected support and resistance levels.
- GBP/JPY Alert for any alerts or specific observation about the price action.
(For Carry Trades)
Convert British Pounds to Japanese Yen