GBPJPY will it break resistance or face rejection?

GBPJPY was down on Friday after testing the high level of 198.94 in  the last trading session as British Pound Sterling Japanese Yen traded at 196.054 this Friday December 20th, decreasing 0.765 or 0.39 percent since the previous trading session. Looking back, over the last four weeks, GBPJPY lost 1.06 percent. Over the last 12 months, its price rose by 8.74 percent. Looking ahead, we forecast British Pound Sterling Japanese Yen to be priced at 194.176 by the end of this quarter and at 194.931 in one year, according to Trading Economics global macro models projections and analysts expectations.

Recent News

DOLLAR INDEX

October 22, 2024

Market Insights

Dow Jones Industrial Average backslides...

November 18, 2024

Live Charts

DAX making H&S in 1HR time frame

November 27, 2024

Market Insights

Gold prices trading on firm note amid Mi...

October 28, 2024

Market Insights

Dollar Index at critical level showing s...

February 19, 2025

Market Insights

Ana

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window