
GBP/JPY Signals Today
About GBP/JPY
The GBP/JPY pair is popular among traders: the pound and the yen represent some of the strongest economies on the planet.
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​The yen is the national currency of Japan and is issued by the Bank of Japan. For several decades, the yen was considered the third most important reserve currency, but its role later declined, giving way to the pound sterling. The JPY exchange rate depends on the country's monetary policy. The Ministry of Economy, Industry and Trade seeks to make the yen cheaper against the pound sterling, the euro, the Canadian dollar, the US dollar, and other currencies. These measures aim to improve the competitiveness of Japanese manufacturers in the global market. The Japanese government also maintains one of the lowest interest rates in the world to increase business activity in the country. Decisions to change interest rates are important for the yen, as are the release of data on the country's GDP, the unemployment rate, industrial production, and other macroeconomic indicators. Furthermore, the Japanese government is attempting to regulate the volume of imports and exports. Its control largely determines the cost of Japanese goods and their production, which also affects the yen's exchange rate.
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Market: Forex​
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GBP/JPY Technical Analysis
Technical Analysis for GBP JPY is a method of identifying trading opportunities based on reading price charts. Technical traders use these charts to determine the future trend of a market, as well as possible entry and exit points (Buy or Sell) for each position.
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Compatible Brokers
The Technical Analysis or Signals that we have on our website tradizu.com are compatible with all brokers on the market, the most popular brokers for operators worldwide are:
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FxPro
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