GBP/JPY Exchange Rate Today, Forecast & News

GBP/JPY
British Pound - Japanese Yen
Closed
165.095-0.78100 (-0.47%)
As of: Dec 02, 2022 21:55 UTC
Open
165.806
High
166.696
Low
163.993

Stats

Prev. Close

165.876

Open

165.806

Day's Range

163.993 - 166.696

52 Week Range

148.710 - 172.137

YTD Change

6.06%

1 Year Change

10.59%

Economic CalendarAll Events

Time zone: GMT

Thursday, December 1st 2022
Time	Currency	Event	Impact	Actual	Consensus	Previous
06:00	JPY	BoJ Kuroda Speech	Medium
07:00	GBP	Nationwide Housing Prices MoMNov	Medium	-1.4%	-0.3%	-0.9%
07:00	GBP	Nationwide Housing Prices YoYNov	Medium	4.4%	5.8%	7.2%
09:30	GBP	S&P Global/CIPS Manufacturing PMI FinalNov	Medium	46.5	46.2	46.2

Monday, December 5th 2022
Time	Currency	Event	Impact	Actual	Consensus	Previous
00:30	JPY	Jibun Bank Services PMI FinalNov	Medium		50.0	53.2
09:30	GBP	S&P Global/CIPS UK Services PMI FinalNov	Medium		48.8	48.8

Tuesday, December 6th 2022
Time	Currency	Event	Impact	Actual	Consensus	Previous
00:01	GBP	BRC Retail Sales Monitor YoYNov	Medium		0.6%	1.2%

GBP/JPY

The major cross-pairing is nicknamed "the dragon" and is considered to be a barometer of the global economy. In periods of economic and market stress expect downward pressure to be exhibited. As a safe haven currency, the Yen finds support in perids of political and economic uncertainty. Energy prices are also a driving force, with Japan a heavy importer of both crude oil and natural gas. The dragon is the equal 7th most liquid pairing, accounting for 4% of total transaction volume in the FX market.

	Japan		United Kingdom
Interest Rate	-0.1% Oct 22		3% Nov 22
Inflation Rate	3.7% Oct 22		11.1% Oct 22
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	A1Stable	A+Stable	Aa3Stable	AANegative