GBPJPY Exchange Rate

The pound declined against its major counterparts in the New York session on Thursday.

The monetary base in Japan was up 2.1 percent on year in April, the Bank of Japan said on Thursday - coming in at 689.896 trillion yen.

Members of the Bank of Japan's Monetary Policy Board said that the bank's inflation target of 2 percent was in sight, minutes from the central bank's March 18-19 meeting revealed on Thursday.

The UK manufacturing activity slid into contraction at the start of the second quarter as improvement in output and new orders were short-lived amid uncertain market conditions, client destocking and supply chain disruptions. The S&P Global final manufacturing Purchasing Managers' Index fell to 49.1 in April from a 20-month high of 50.3 in March, survey results showed on Wednesday. The score was

GBPJPY is in the red again today, not far from its recent high; It has dropped below the January 2, 2024 ascending trendline; Momentum indicators are in waiting mode for the next key market events

GBP/JPY may rest near 190.00 round number; MACD and RSI confirm bearish retracement; Broader outlook looks strongly bullish

GBPJPY breaks below key support area after new high. Technical signs weaken, but 20-day EMA comes to the rescue again.

Watch the video for the key trading levels for AUDJPY, AUDUSD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USD index, Gold, and the S&P 500.