GBP to JPY – Pound to Japanese Yen (GBPJPY PAIR)

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GBP to JPY Converter

GBP to JPY Converter



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Detailed Monthly Forecast for GBP to JPY (Pound to Japanese Yen)

December 2024 Prediction:

  • Current price of GBP to JPY is approximately 192.036.
  • The critical support level is at 190.000. Any sustained trade below this can push the price further to the major liquidity level at 186.000.
  • Resistance is observed at 199.460. Expect selling pressure to dominate if prices attempt to breach this zone.
  • Buyers are likely to step in around the 190.000–192.000 zone, making this a potential buying opportunity.
  • A movement between 190.000 and 199.000 is anticipated for December.

January 2025 Prediction:

  • GBPJPY is projected to stabilize above the support at 186.000 if it breaks below 190.000 during December.
  • If bulls regain momentum, a test of 194.000–195.000 is expected as a recovery target.
  • A strong rally could target 199.460, but a breakout above this level requires sustained volume from buyers.
  • Key zones for liquidity are 186.000 as support and 199.000–200.000 as resistance.

February 2025 Prediction:

  • The pair could range within 186.000–199.000, forming a base for medium-term movement.
  • A breakout above 199.000 may trigger rapid price movement toward 208.273, aligning with historical highs.
  • Failure to break the support at 186.000 can push the pair toward 180.000, a significant long-term buy zone.
  • Expect moderate fluctuations between 186.000 and 199.000, with spikes depending on macroeconomic events.

March 2025 Prediction:

  • GBP to JPY could break 199.000 decisively, targeting the selling zone at 208.000.
  • Buyers holding positions from 186.000–192.000 will likely book profits near 208.000.
  • If sellers dominate, the price might retrace toward 190.000, maintaining a larger range for the month.
  • A medium-to-high probability exists for GBPJPY to touch 200.000–208.000.

April 2025 Prediction:

  • A long-term test of liquidity around 208.273 is possible if the bullish trend sustains.
  • Sellers could dominate heavily at 208.000, pushing the pair back toward 200.000.
  • If global economic data favors the Pound, a move to 215.000 cannot be ruled out.
  • Expect a range-bound scenario between 200.000 and 208.000 with potential spikes.

May 2025 Prediction:

  • Long-term resistance at 208.000–210.000 will dictate market direction.
  • If breached, a new high above 215.000 could emerge.
  • On the downside, a fallback to 195.000–200.000 is expected if sellers gain control.
  • GBPJPY could form new liquidity areas near 210.000, providing clarity for the next major move.

Long-Term Forecast for GBP to JPY (Pound to Japanese Yen)

Price Outlook:

The GBPJPY pair is expected to trade within a broader range defined by significant support and resistance levels. The 186.000 level is anticipated to act as a long-term support zone, while 208.273 remains a critical resistance level. Over the next 12–18 months, the pair is likely to experience price movement driven by a combination of macroeconomic factors and geopolitical developments.

Factors Affecting Long-Term GBP to JPY Price:

  1. Interest Rate Differentials:
    • The monetary policies of the Bank of England (BoE) and the Bank of Japan (BoJ) will be a primary driver of GBPJPY movements.
    • If the BoE continues its hawkish stance to combat inflation, the Pound is likely to strengthen, pushing the pair higher.
    • Conversely, the BoJ’s commitment to ultra-loose monetary policy could maintain downward pressure on the Yen, further supporting a bullish outlook for the pair.
  2. Economic Growth in the UK and Japan:
    • Strong GDP growth in the UK could boost investor confidence in the Pound, propelling GBP to JPY higher.
    • Japan’s export-driven economy is highly sensitive to global economic conditions. Weakness in global trade or demand could weigh on the Yen.
  3. Inflation Trends:
    • Rising inflation in the UK could prompt further rate hikes by the BoE, supporting GBP strength.
    • Japan has struggled with deflationary pressures for years, and any significant inflationary developments could lead to shifts in BoJ policy, potentially strengthening the Yen.
  4. Risk Sentiment:
    • GBPJPY is a risk-sensitive currency pair, often moving in tandem with global investor sentiment.
    • Increased geopolitical risks or economic uncertainty could drive safe-haven flows into the Yen, causing a temporary dip in the price.
  5. Trade Relations and Supply Chains:
    • Post-Brexit trade agreements and their impact on the UK economy remain a critical factor for GBP performance.
    • Japan’s trade dynamics, especially with China and the US, could also influence the Yen’s strength.
  6. Oil Prices and Energy Costs:
    • The UK, being heavily reliant on imported energy, may see its currency weakened by rising oil prices.
    • Japan, as a major energy importer, could also experience Yen weakness if energy prices spike.

Technical Analysis for Long-Term Price Levels:

Support Levels:

  • 180.000: This major support level is a critical buy zone for long-term investors. If breached, the next significant support lies at 169.303.
  • 186.000: Buyers are likely to enter aggressively at this level, offering strong support for GBPJPY.

Resistance Levels:

  • 199.460: This level has consistently shown strong selling pressure. A breakout above this level could signal a continuation of the bullish trend.
  • 208.273: This is the key resistance zone for the long term. Breaching this level could open the path toward 215.000 and beyond.

Long-Term Scenarios:

  1. Bullish Case:
    • The GBP to JPY could rally toward 215.000 and potentially 220.000 if the BoE maintains its rate hike cycle and global risk sentiment favors higher-yielding currencies.
    • Sustained economic growth in the UK, along with weaker Yen dynamics, could push the pair higher.
  2. Bearish Case:
    • If global risk aversion rises or the BoJ shifts to a tighter monetary policy, the Yen could strengthen, driving GBPJPY lower.
    • A breach below the 186.000 support level could lead to a deeper correction toward 180.000, with further downside to 169.303 in an extended bearish scenario.
  3. Neutral/Range-Bound Case:
    • In a scenario where both economies experience moderate growth and central banks maintain their current stances, GBPJPY may consolidate within a range of 186.000–208.273.

The long-term outlook for GBPJPY hinges on the interplay of interest rate policies, inflation, and risk sentiment. While the pair remains in a broader uptrend, resistance at 208.273 is critical for further upside. Long-term support levels at 186.000 and 180.000 provide strong buy zones, with significant upside potential if bullish factors prevail. Monitoring central bank decisions and macroeconomic developments will be crucial for traders and investors navigating the Pound to Japanese Yen.