GBP/JPY Up 18 Pips Over Past Hour; in an Uptrend Over Past 14 Days

Hourly Update

(Last Updated April 22, 2022 1:46 GMT)

At the moment, GBPJPY’s rate is up 18.3 pips (0.11%) from the hour prior. This is the 3rd hour in a row GBPJPY has seen its price head up. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

GBPJPY End of Day Recap

Updated 00:30 GMT (04:30 EST)

GBPJPY entered today at 167.36003712, up 5 pips (0.03%) from the previous day. Compared to its peers in the Forex, GBPJPY gave its buyers a return that ranked 23rd in terms of percentage change since the previous day. Below is a price chart of GBPJPY.

GBPJPY

GBPJPY Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to simplify this another way, note that out of the past 14 days GBPJPY’s price has gone up 11 them.