Created
: 2025.11.13
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
GBP/JPY Price Forecast: Extends rally above 203.00 on weaker Yen
World FX news
Breaking news
GBP/JPY Price Forecast: Extends rally above 203.00 on weaker Yen
New
2025.11.13 08:16
2025.11.13 08:16
2025.11.13 08:16
- GBP/JPY trades near 203.16, boosted by widespread Yen weakness following comments from new PM Sanae Takaichi.
- Pair eyes resistance at 204.00 and 204.28, with a break opening path toward yearly high at 205.32.
- RSI points to sustained upside bias, though a drop below 202.45 could expose 201.35 support zone.
The Pound Sterling clings to gains versus the Japanese Yen on Wednesday, gains over 0.31%, trading at around 203.16 boosted by overall JPY weakness across the board.
News from Japan, revealed that the newest Prime Minister Sanae Takaichi supports a weaker yen, to stimulate the economy to accelerate economic growth and despite sparking inflation.
GBP/JPY Price Forecast: Technical outlook
The GBP/JPY uptrend is set to extend, after reaching a 2-week high of 203.57. Further gains lie overhead, like 204.00, followed by the October 27 high of 204.28. If surpassed, the next stop would be the yearly peak at 205.32, hit in early October.
The Relative Strength Index (RSI) further confirms bias, but due to its closeness to the 50-neutral level a breach beneath the latter could drive the GBP/JPY lower.
A sharp reversal below the 20-day SMA at 202.45 could drive the GBP/JPY towards the 50-day SMA at 201.35.
GBP/JPY Price Chart - Daily
Japanese Yen Price This week
The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies this week. Japanese Yen was the strongest against the US Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.30% | 0.14% | 0.53% | -0.32% | -0.70% | -0.70% | -0.99% | |
| EUR | 0.30% | 0.42% | 0.86% | -0.05% | -0.43% | -0.44% | -0.72% | |
| GBP | -0.14% | -0.42% | 0.53% | -0.47% | -0.85% | -0.86% | -1.13% | |
| JPY | -0.53% | -0.86% | -0.53% | -0.90% | -1.27% | -1.27% | -1.60% | |
| CAD | 0.32% | 0.05% | 0.47% | 0.90% | -0.29% | -0.39% | -0.74% | |
| AUD | 0.70% | 0.43% | 0.85% | 1.27% | 0.29% | -0.01% | -0.29% | |
| NZD | 0.70% | 0.44% | 0.86% | 1.27% | 0.39% | 0.01% | -0.28% | |
| CHF | 0.99% | 0.72% | 1.13% | 1.60% | 0.74% | 0.29% | 0.28% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent JPY (base)/USD (quote).
Last updated
: 2025.11.13
Related articles
BoJ's Ueda: Underlying inflation accelerating toward 2% moderately
15 minutes agoUS House votes on ending US government shutdown -- WSJ
24 minutes agoUSD/JPY drifts higher above 154.50 as BoJ rate hike expectations fade
54 minutes agoGBP/JPY Price Forecast: Extends rally above 203.00 on weaker Yen
2025.11.13 08:15UK GDP expected to post modest growth in Q3
2025.11.13 08:00EUR/USD steady beneath 1.16, traders await US shutdown vote, Fed clarity
2025.11.13 07:24
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
BoJ's Ueda: Underlying inflation accelerating toward 2% moderately
Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday that the Japanese central bank will strive to create strong economy so that tax revenues rise without tax hikes.
New
2025.11.13 09:28US House votes on ending US government shutdown -- WSJ
The House of Representatives was approaching a final vote late Wednesday on legislation to end the longest government shutdown in US history, the Wall Street Journal reported on Thursday.
New
2025.11.13 09:19Gold extends upside to near $4,200 amid Fed rate cut hopes
Gold price (XAU/USD) extends the rally to around $4,195 during the early Asian session on Thursday.
New
2025.11.13 09:00USD/JPY drifts higher above 154.50 as BoJ rate hike expectations fade
The USD/JPY pair attracts some buyers near 154.75, the highest since February, during the early Asian session on Thursday.
New
2025.11.13 08:49GBP/JPY Price Forecast: Extends rally above 203.00 on weaker Yen
The Pound Sterling clings to gains versus the Japanese Yen on Wednesday, gains over 0.31%, trading at around 203.16 boosted by overall JPY weakness across the board.
New
2025.11.13 08:15UK GDP expected to post modest growth in Q3
The UK's Office for National Statistics (ONS) will release the advanced prints of the Q3 Gross Domestic Product (GDP) on Thursday. If the figures meet market consensus, the UK economy would have maintained its pace of expansion at 1.4% annualised, showing that momentum could have begun to stall.
New
2025.11.13 08:00EUR/USD steady beneath 1.16, traders await US shutdown vote, Fed clarity
The Euro consolidates for the second straight day unable to crack the 1.1600 figure as risk appetite improve due to the imminent re-opening of the US government as the House of Representatives votes on the stopgap funding bill.
New
2025.11.13 07:24Australia unemployment rate expected to edge lower in October
Australia is scheduled to publish the October monthly employment report on Thursday at 0:30 GMT, with market participants anticipating a modest improvement in labor market conditions. Still, the expected outcome indicates persistent weakness in the sector.
New
2025.11.13 05:30FX Today: Markets maintain their course as investors await US government reopening
The US Dollar (USD) remains under pressure as investors tilt into a risk-on stance ahead of an expected vote to re-fund the US government on a short-term basis. A vote on a short-term funding solution on the floor of the lower US House of Representatives is expected during the overnight session.
New
2025.11.13 05:24Gold tests $4,200 amid weak Dollar and yields ahead of US shutdown vote
Gold (XAU/USD) rallies sharply past the $4,200 milestone on Wednesday, as US Treasury yields slip and the US Dollar gives back earlier gains. An improvement in risk appetite has not kept the yellow metal from recovering after falling to $3,886 late October, following a record high near $4,400.
New
2025.11.13 05:07Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
