GBP/JPY Exchange Rate Today, Forecast & News

GBP/JPY
British Pound - Japanese Yen
Open
192.546+1.35400 (+0.71%)
As of: Apr 24, 2024 07:51 UTC
Open
191.190
High
193.113
Low
190.833

Stats

Prev. Close

191.192

Open

191.190

Day's Range

190.833 - 193.113

52 Week Range

165.429 - 194.149

YTD Change

7.04%

1 Year Change

15.46%

Economic CalendarAll Events

Time zone: GMT

Tuesday, April 23rd 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
00:30	JPY	Jibun Bank Services PMI FlashApr	Medium	54.6	54	54.1
08:30	GBP	S&P Global Services PMI FlashApr	Medium	54.9	53	53.1
08:30	GBP	S&P Global Manufacturing PMI FlashApr	Medium	48.7	50.3	50.3
08:30	GBP	S&P Global Composite PMI FlashApr	Medium	54	53	52.8

Wednesday, April 24th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
10:00	GBP	CBI Business Optimism IndexQ2	Medium		2	-3
10:00	GBP	CBI Industrial Trends OrdersApr	Medium		-16	-18

Thursday, April 25th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
10:00	GBP	CBI Distributive TradesApr	Medium		5	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% Mar 24		5.25% Mar 24
Inflation Rate	2.7% Mar 24		3.2% Mar 24
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	A1Stable	A+Stable	Aa3Stable	AAStable